Ah yes the mythical government monery printing fairytale. Have you ever considered that negative yields are normal and that money cannot reprrsent negative yields directly and therefore must let the unit of account change as the bandaid for what is simply a technical problem?
Oh right I also forgot that people have an inherent desire to lie to themselves. They would rather see the value of their money erode without their knowledge than see their money disappear (at a slower rate) but maintain its value.
By the way. A lot of economic activity appears to just monetize what is or was already there. Like hoe real estate keeps getting more expensive.
Oh right I also forgot that people have an inherent desire to lie to themselves. They would rather see the value of their money erode without their knowledge than see their money disappear (at a slower rate) but maintain its value.
By the way. A lot of economic activity appears to just monetize what is or was already there. Like hoe real estate keeps getting more expensive.