Post
Topic
Board Economics
Topic OP
This "news" article about printing money is scary.
by
Pepin
on 01/11/2014, 09:20:20 UTC
http://www.vox.com/2014/10/31/7137041/japan-monetary-policy

I still can't believe that people think it is a good idea for the government to print money to boost the economy. I just can't wrap my head around on how people can think it can have any sort of long-term benefit. Even the short term benefits always end up falling far short, with a few profiting greatly while most people end up getting screwed. Sometimes when I have doubts about the future of Bitcoin or crypto-currency in general, reading some crap like this really reminds me of the importance of a currency that is beyond the ability of governments or individuals to manipulate.