Post
Topic
Board Economics
Re: Krugman makes some good points
by
Puppet
on 25/03/2013, 10:29:18 UTC

Your premise is, providing incentive for economic activity is the duty of a currency alone

Where did I say or imply that?
I am saying it actually creates a major economic disincentive and results in the transfer of wealth from economic activity to economic inactivity. The ones creating the goods and services end up making richer  the ones doing nothing. I cant see how thats a good thing, unless you happen to be on the receiving end of this scheme.