Did it ever occur to you that they need to print more money as the population increases or as the supply of good increases?
If they don't we get deflation. And deflation is strongly linked to economic depressions. And we used to have economic depressions every 20 years before we came off the gold standard.
Did it ever occur to you that they need to print more money as the population increases or as the supply of good increases?
DEFLATION is the normal logical honest adjustment to a bizaar financial situation..
ITS NORMAL... taking “pills” to make it go away can and will make you “SICKER” than you were BEFORE...
Printing fiat money can and does make money worth-less..
Until the money actually becomes “WORTHLESS”
Its happened many times before AND IS HAPPENING NOW AS WE SPEAK..
Clues: “There are no FREE lunches”... and “There is a sucker born every minute”... Do you have Down’s Syndrome?..