I'm asking you to educate me on what you are talking about. It seems to me that printing out Trillions of dollars with no production behind it....is how Venezuela, Russia, and Mexico (to name a few) have really ended up in a bad place. I'd like to be educated on what you're thinking.
I appreciate the book, but could you maybe ELI5 the "sound money" principle? How can our money be sound without production of goods behind it? I don't see how any of this matters if we aren't as a country producing goods or services. I will look over the material you sent and I don't mean to seem ungrateful. I'd just like to better understand how printing money without production behind us gets us anywhere but bad.
We need to get back to work and produce shit.....or we'll be Venezuela.
We've churned out almost 2.5 Trillion into the economy.....as our shit has been shut down. It's unsustainable. We have to go back to work.
Really? How so?
I'm asking you to educate me on what you are talking about. It seems to me that printing out Trillions of dollars with no production behind it....is how Venezuela, Russia, and Mexico (to name a few) have really ended up in a bad place. I'd like to be educated on what you're thinking.
I appreciate the book, but could you maybe ELI5 the "sound money" principle? How can our money be sound without production of goods behind it? I don't see how any of this matters if we aren't as a country producing goods or services. I will look over the material you sent and I don't mean to seem ungrateful. I'd just like to better understand how printing money without production behind us gets us anywhere but bad.