Learn Liberty | What if we just printed more money? @LearnLiberty | Uploaded May 2023 | Updated October 2024, 1 hour ago.
You know the answer is inflation, so why does it happen?
Money's value derives from goods and services, not from the paper it's printed on. Simply printing more money won't spawn more goods and services. It just spreads the same value over more dollars, the phenomenon you called inflation. Double the money? Double the prices. If everything costs twice as much as before, we're not better off.
Remember, our wealth doesn't come from money itself, but from the goods and services money buys. So, printing more money? Not the solution you'd think it'd be.
LEARN LIBERTY:
Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at learnliberty.org/.
You know the answer is inflation, so why does it happen?
Money's value derives from goods and services, not from the paper it's printed on. Simply printing more money won't spawn more goods and services. It just spreads the same value over more dollars, the phenomenon you called inflation. Double the money? Double the prices. If everything costs twice as much as before, we're not better off.
Remember, our wealth doesn't come from money itself, but from the goods and services money buys. So, printing more money? Not the solution you'd think it'd be.
LEARN LIBERTY:
Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at learnliberty.org/.
