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To: PGR88
Or just maybe - there's too many printed dollars?

Could be, but dramatically reducing the money supply would destroy the economy. Why would you want to do that?

11 posted on 11/02/2022 9:40:06 AM PDT by Alter Kaker (Gravitation is a theory, not a fact. It should be approached with an open mind...)
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To: Alter Kaker
but dramatically reducing the money supply would destroy the economy.

So just keep printing, and inflating?

We are suffering through 9% inflation now. How much higher do you want it to "save" the economy?

Tell me, Mr. Central Planner, what the ideal amount of "money" is?

12 posted on 11/02/2022 9:42:22 AM PDT by PGR88
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To: Alter Kaker

“but dramatically reducing the money supply would destroy the economy.”

You are confusing “number” of dollars with “value” of the dollar. Two totally different concepts. Because of the stability of the purchasing power of gold One dollar used to purchase what 97 dollars does now.


19 posted on 11/02/2022 9:51:36 AM PDT by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
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