Anonymous
(ID: 5nLssl8K)
11/10/2025, 8:34:53 AM
No.521043961
11/10/2025, 8:34:53 AM
No.521043961
>>521043517
Again, money conjuring isn't the issue. Gold standard is in fact actually Jewry. Currency should not be a store of wealth, but only a medium of exchange. The problem with money printing right now is that we are aiming at 2% inflation and 1% of that is going directly to the bankers who are expanding the monetary supply without creating any value. A growing economy is fundamentally deflationary all else being equal. Despite the abuse that our system has suffered, it is in fact beneficial to have a little bit of inflation or demurrage to encourage monetary velocity to stay high all the time and prevent people from hoarding currency. This means that the sovereign of the currency in a growing economy should in fact literally print money, instead of manipulating the bond market and paying interest on the money it "printed". This way it can fund projects that are for the public good and productive, or provide liquidity at 0% risk free interest for potentially productive projects.
Again, money conjuring isn't the issue. Gold standard is in fact actually Jewry. Currency should not be a store of wealth, but only a medium of exchange. The problem with money printing right now is that we are aiming at 2% inflation and 1% of that is going directly to the bankers who are expanding the monetary supply without creating any value. A growing economy is fundamentally deflationary all else being equal. Despite the abuse that our system has suffered, it is in fact beneficial to have a little bit of inflation or demurrage to encourage monetary velocity to stay high all the time and prevent people from hoarding currency. This means that the sovereign of the currency in a growing economy should in fact literally print money, instead of manipulating the bond market and paying interest on the money it "printed". This way it can fund projects that are for the public good and productive, or provide liquidity at 0% risk free interest for potentially productive projects.