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1. † top dog :pedomustdie: (dcc@annihilation.social)'s status on Thursday, 05-Sep-2024 01:52:58 JST † top dog :pedomustdie:

   • Haelwenn /элвэн/ :triskell:
   • iced quinnsmas :blobcatsanta:
   • ≠
   • Angry Sun
   • kuteboiCoder
   @amerika @KuteboiCoder @icedquinn @lanodan @sun >"inflation " is good Fakenomic dont work well...
   09b4b5658e6e5d90d8e0236dafd274071c7feecead5add76b2ad6f4d8ca36a09.jpg
   • ≠ (amerika@annihilation.social)'s status on Thursday, 05-Sep-2024 02:51:17 JST ≠

     in reply to

     • Haelwenn /элвэн/ :triskell:
     • iced quinnsmas :blobcatsanta:
     • Angry Sun
     • kuteboiCoder
     @dcc @KuteboiCoder @icedquinn @lanodan @sun
     
     Demand-based economics hold that more demand for the money increases its value.
     
     That tends however to cause a boom-bust cycle like the one we are in now.
     
     Supply-side economics say that you increase the value of what BACKS the currency, and things get better.
     
     It's more like the gold standard than Modern Monetary Theory (#MMT) which is basically Keynesian acrobatics.
     † top dog :pedomustdie: likes this.