why the government doesn’t have infinite money.

311 views

why the government doesn’t have infinite money.

In: 0

8 Answers

Anonymous 0 Comments

Hypothetically they actually do as they are the one and only group that prints the money.

The problem is that printing money ad infinitum depreciates the value of that money (i.e. it causes inflation). Money is, fundamentally, a store of value, and thus heavily inflating money makes it kind of terrible at storing value over time. Thus, it doesn’t matter if you print infinite money if no one wants said money.

You are viewing 1 out of 8 answers, click here to view all answers.