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Joined 2 years ago
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Cake day: February 16th, 2024

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  • Why do you people insist on mischaracterizing what other people say?

    In economics, Free money refers to money borrowed at low interest rates. and I made it even more clear when I talked about the need for more competition and the depreciation of the dollar. There is already too much money in circulation and borrowing at low interest rates gives room to corporations and the wealthy to ramp up prices, buy up more property and and make the lower class compete for limited products, instead of corporation competing to earn their customers dollars.

    If the question of free money isn’t resolved than inflation will always outpace wages to a point where it might feel like going back to the feudal times.