this post was submitted on 30 Sep 2023
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That's literally what he did in the first comment you replied to.
He posted the sources to back up his point because you were disputing it, and then you said "you don't have a point!" Ridiculous.
He talked about fiat money being unlimited but it isn't unlimited.
Fiat money is a type of currency that is not backed by a commodity, such as gold or silver. It is typically designated by the issuing government to be legal tender.
In no way did he explain why fiat money is unlimited money. That's the bit that needs explaining.
If you flood the economy with money that money becomes less valuable (inflation) and therefore you need more money to buy things. At no point does that mean you can buy unlimited goods, it just means you can print worthless paper.
So yea I need to know what evidence I'm disputing to dispute something. It's not up to me to disprove an argument that hasn't even been explained.
He didn't say that it wouldn't affect inflation. He didn't say it's value doesn't go down by printing more. He simply said it's possible to print an unlimited amount (I assume barring a shortage of paper or ink or labor), and that remains true.
On the other hand, he's now apparently changed his mind. It would seem he did indeed mean to imply more than just his words.
"infinite" is hyperbole. In this context, it means "more than enough".
It should be obvious, "infinite" can never apply to real world situations like this.
Classic economics major, though.
Yep. "I know better, so just shut up!"
He'll make a typical politician one day.