Varven@lemmy.world to Memes@lemmy.ml · 7 months agothe debtlemmy.worldexternal-linkmessage-square164fedilinkarrow-up11.09Karrow-down193
arrow-up1998arrow-down1external-linkthe debtlemmy.worldVarven@lemmy.world to Memes@lemmy.ml · 7 months agomessage-square164fedilink
minus-squareAngryCommieKender@lemmy.worldlinkfedilinkarrow-up5arrow-down1·7 months agoYou missed the biggest flaw in the “money creation = inflation” argument. That would be Japan. They’ve been printing money full tilt for the last couple decades, and are just barely staving off deflation
minus-squarevolodya_ilich@lemm.eelinkfedilinkarrow-up6·7 months agoInteresting, I’ll look up the monetary mass of Japan over time, thanks!
You missed the biggest flaw in the “money creation = inflation” argument. That would be Japan. They’ve been printing money full tilt for the last couple decades, and are just barely staving off deflation
Interesting, I’ll look up the monetary mass of Japan over time, thanks!