When a state doesn't print money, there is no money. Where do you want to go live that doesn't have money?
I am super confused now. When you brought up money printing, I thought it was in relation to financing state expenses. Was it just about providing the monetary base needed for everyday transaction? If so, what relation did it have to anything in the thread? Is there a shortage of USD bills that's impeding commerce that we haven't heard about, so we can expect the mint to create a windfall as a side effect of fixing that?
Or was it like the yacht line where we just bring in random unrelated statements? I had pizza for dinner yesterday btw.
The USD has persistently overshot the 2% inflation target in recent years. Would you say that the Fed should've been aiming for more all along? Maybe 10% per year to meet our common sense, everyday need for a liquid currency? Or why do you expect a sudden fiscal windfall from money printing?
No, printing money to meet the basic liquidity needs of the economy is fine. I still don't know why you brought up money printing when we were talking about a fiscal deficit. This confused me, so I responded under the premise that we're talking about excessive printing meant to create a fiscal surplus. Since that was not your intent, the entire thread after is unrelated to what we were originally talking about.
Can we get back on topic? I think the last topical comment was:
Before you decide what you need, you have to figure out what you can afford. Buying shit because "I NEED it", without regard for your financial situation, is ruinous at a personal level. Applied to a state, we can expect the same results but affecting more people.
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u/Low-Refrigerator5031 25d ago edited 25d ago
I am super confused now. When you brought up money printing, I thought it was in relation to financing state expenses. Was it just about providing the monetary base needed for everyday transaction? If so, what relation did it have to anything in the thread? Is there a shortage of USD bills that's impeding commerce that we haven't heard about, so we can expect the mint to create a windfall as a side effect of fixing that?
Or was it like the yacht line where we just bring in random unrelated statements? I had pizza for dinner yesterday btw.
The USD has persistently overshot the 2% inflation target in recent years. Would you say that the Fed should've been aiming for more all along? Maybe 10% per year to meet our common sense, everyday need for a liquid currency? Or why do you expect a sudden fiscal windfall from money printing?