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.
Price controls are generally regarded as bad by economists because capital tends to rebound and go to far in the other direction and cut production.
Any rational person would see the problem in that scenario being the capitalist but for some reason we don't talk about that.
Yeah, that’s what I’m realising via the comments lol. People assume it’s like a law of nature when it’s at most just general human behaviour. And a strong govt. can put a stop to it whenever it wishes.