The real answer to the question of why the government does not simply print all the money it needs is that by putting the money into circulation and then subsequently reclaiming it through taxation they maintain a floor in demand for the currency
I love MMT people.
They are going to pump our #Bitcoin bags so freaking hard.
I am now an MMT Accelerationist. https://v.nostr.build/7GLQv.mp4
The real answer to the question of why the government does not simply print all the money it needs is that by putting the money into circulation and then subsequently reclaiming it through taxation they maintain a floor in demand for the currency
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