this post was submitted on 15 Mar 2025
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Economy

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[โ€“] aesthelete@lemmy.world 2 points 1 day ago (1 children)

It's a problem you encounter because money is just an abstraction for real world conditions and resources. I think people forget that. Printing more money doesn't make your country magically have more resources. It doesn't manufacture tanks for you or vanquish your enemies.

I still remember the picture from the history book where in Germany between ww1 and ww2 they were burning bank notes for warmth because inflation made the currency almost completely worthless.

[โ€“] Valmond@lemmy.world 2 points 10 hours ago

Yes, they are definitely trying to have the cake and eating it at the same time.