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Joined 8 months ago
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Cake day: March 9th, 2025

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  • Printing money does not create wealth. I.e. it does not create new jobs. What it does is it dilutes the wealth.

    It can be tool to revitalize the economy in hopes getting people to spend more and help them pay their loans or getting new ones, ir short term help goverment build something/try to pay their debts, but on its own printing money just creates inflation.

    So when somebody on internet says “oh, they can just print money” its not how it works.