this post was submitted on 15 Mar 2025
47 points (98.0% liked)
Economy
916 readers
120 users here now
Lemmy Community for economy, business, politics, stocks, bonds, product releases, IPOs, advice, news, investment, videos, predictions, government, money, politics, debate, current trends and more.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
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.
Yes, they are definitely trying to have the cake and eating it at the same time.