Episodes
Monday Nov 21, 2022
Ep 114: Why don’t central banks print even more money???
Monday Nov 21, 2022
Monday Nov 21, 2022
The Mindcrime Liberty Show discusses, why don’t government central banks print more money? Printing money is extremely useful for the state because it is seemingly “unseen” tax. This “tax”, paid for by inflation and Cantillon effects, also has the effect of weakening those who don’t get the money as quickly and those who are on fixed incomes. What is the limit of state banks from going hyper MMT considering how it allows them to live effectively "rent free"? Does the fear of a radical alteration in your exchange rate between other central banks keep them honest? How much coordination between central banks is there? Does the fear of upsetting the golden goose regulate the state? How real is this fear and what would be its limits?
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