prices go up?
Why.
Help.
Why is government printing more money and giving it to me a bad thing. I need it to live.
I’d like both the econ101 (fake, lib, propaganda) and the marxist (real, truth, based) answer pls.
prices go up?
Why.
Help.
Why is government printing more money and giving it to me a bad thing. I need it to live.
I’d like both the econ101 (fake, lib, propaganda) and the marxist (real, truth, based) answer pls.
You’re right, it doesn’t have to be that way. The system is unjust, and quite dysfunctional. Especially when the government constantly devalues worker dollars by giving free money to the finance industry
All capitalists countries actually suspend this system by resorting to rationing during serious crisis.
This part especially is so fucked. Banks get free money to buy stuff that cost actual labor and time. Like…that’s just pure fuckery.