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by ur-whale 1453 days ago
> The US must continue printing debt (expanding money supply)

Can't tell if serious, but if you are, holding that kind of short-sighted opinion, you can be sure to be in most excellent historical company.

I mean it's not like currency debasement causes the fall of empires or anything.

https://en.wikipedia.org/wiki/Denarius

https://www.lietaer.com/2021/11/did-the-romans-debase-the-cu...

https://www.businessinsider.com/the-long-and-sordid-history-...

https://www.cato.org/sites/cato.org/files/serials/files/cato...

https://warwick.ac.uk/fac/arts/classics/intranets/staff/butc...

https://coinweek.com/ancient-coins/the-rise-and-fall-of-the-...

1 comments

I encourage you to read more on how the monetary system works. Debt = more currency for use around the world. We need to continuously increase money supply to keep the dollar from appreciating too much and causing a disastrous level of deflation.

Of course borrowing is not sustainable, but the alternative is not sustainable faster.