Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

The thing about printing money though, is that if everybody does it, it negates a lot of the effect. That means that if you want the effect, you have to print more and more to keep up. The only other alternative is to realize that money is essentially a fictional construct that keeps capitalism moving forward, and to consider that people may not need to be slaves to some numbers in a computer system.


That was my very basic understanding of it. At which point you have to wonder when a market driven economy actually becomes a planned economy.


For me, and I think for many others, this is precisely the long term problem with printing: it is the exact opposite of capitalism.

he whole point of capitalism is to make capital scarce, and thus necessarily rejecting certain ideas (prospectuses), prevent them from being funded. If everything gets funded/rescued - what is the point?




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: