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by dnautics 2142 days ago
What about government contracting? Is it a fair process to decide who builds a highway?

The Fed's activity is what drives the government's ability to pay it's contractors.

1 comments

Why conflate regulation of the money supply with the ability to hire contractors?

If you want to increase the money supply, print some money and give it out.

If you want to fund highway construction, figure out how much it will cost and then raise that amount of tax revenue to pay the builders.

That is a very naive view of how things work. (Though I agree that that is how things should work)
Well, we _are_ having a conversation that's all about how we think the system should work...