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re: Fed hides weekly M1 supply, says "money doesn't matter"

Posted on 4/8/21 at 8:33 am to
Posted by wryder1
Birmingham
Member since Feb 2008
4205 posts
Posted on 4/8/21 at 8:33 am to
quote:

He’s not wrong. Are you suggesting he is?


Then what dictates $1.2T spending bill or $4.5T spending bill? Why not $100T? Why doesn’t the gvt just give half the country $1m a year?
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80859 posts
Posted on 4/8/21 at 8:37 am to
If creating money does not affect inflation, why do we pay taxes? Why can't we just print or create enough to cover the tax bill?
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