This is in India, but coming soon to a country near you (or the one you are in already).

  • Goodlucksil@lemmy.dbzer0.com
    link
    fedilink
    arrow-up
    2
    ·
    2 days ago

    Government is bleeding money left and right on military and foreign policies. There’s no money left for the citizens. (At least in the US; here in Spain the big money sink is retirement pensions)

        • queermunist she/her@lemmy.ml
          link
          fedilink
          arrow-up
          1
          ·
          1 day ago

          Not printing money is also bad for existing money. Deflation is a very bad thing.

          It’s supply and demand, and supply creates its own demand. That’s why the US economy grew so fast and became the reserve currency after it got off of the gold standard, it no longer had to be constrained by the limitations of gold and could just print whatever it needed. As long as there is demand, the supply can grow. When the supply grows, demand grows with it.

          You can’t just print infinite money, but it’s a lot looser than you seem to think. There’s plenty of money left.

          They just hate their citizens and want them to suffer.