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by vladimirralev 1621 days ago
The only reason for people to take money out of circulation is because nobody managed to convince them to spend or invest in something worthy. If the economy can't produce enough worthy money sinks, that is a structural problem with regulation, entrepreneur skills/education and general business UX.

Printing money doesn't fix any of these issues, the only thing money printing does is force the money into the overcrowded money sinks (AAPL) and scams (NFTs). And I am willing to argue this makes the problem worse, because talent is now wasted into supporting scams or the best talent is retiring on passive income from money printing instead of finding new ways to convince investors and consumers to spend productively.