this post was submitted on 07 Jun 2024
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the debt (lemmy.world)
submitted 5 months ago by Varven@lemmy.world to c/memes@lemmy.ml
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[โ€“] AngryCommieKender@lemmy.world 4 points 5 months ago (1 children)

You missed the biggest flaw in the "money creation = inflation" argument. That would be Japan. They've been printing money full tilt for the last couple decades, and are just barely staving off deflation

[โ€“] volodya_ilich@lemm.ee 6 points 5 months ago

Interesting, I'll look up the monetary mass of Japan over time, thanks!