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Heinrichsgeist

@bryancj

That increasing the money supply automatically leads to harmful price increases is a monetarist superstition - disproved at the latest since quantitative easing after the GFC. In a healthy economy, price increases go hand in hand with an increase in purchasing power (made possible by wage increases). What the state invests in the domestic administration or infrastructure benefits the workers employed there. The wealth distribution problem has its main causes in incorrect taxation, unbalanced market regulation and interest rates on government bonds.

@DrALJONES @ApostateEnglishman @AndiiB