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by cryptica 2337 days ago
>> My biggest challenge with the idea of governments printing the money they need is that there would be no accountability.

I think this is a good argument but there could be some kind of institutional structure to create accountability.

Kind of like the separation between the Federal Reserve and the Government. We need a structure that makes it difficult for the government to get the money. I think there is a difference between making it difficult and making it complicated. Right now it's not difficult for the government to get money somehow, it's just complicated but this complication just creates more bureaucratic jobs and makes the economy less efficient.