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by louloulou 1464 days ago
Better to just create trillions out of nothing and use them to buy financial assets, now that's a good use of money!

(https://www.ecb.europa.eu/mopo/implement/app/html/index.en.h...)

1 comments

false dichotomy.

Just because you can name some other bad use of money that we do doesn't make some other one good.

You're talking about opportunity costs - it's not a false dichotomy at all. Spending trillions on financial assets mean they are not spent on other things.