What does it mean to say that there is “not enough money to drive all the buying of real goods and labor that could be exchanged if your economy had more money”?
How do you know how much money is enough?
Why would anyone expect more goods and labor to be exchanged if there was “more money”?
When you say that there is not enough money, then where is there too little money? Who has too little money? And consequently who has too much money? After all, it doesn’t make any sense to say that everyone has too little money—if you give someone money through printing it, you’re taking it away from everyone else, right?
Would you expect more goods and labor to be exchanged if everyone’s bank account was doubled?
Would you expect more goods and labor to be exchanged if money was simply taken away from certain people and given to other people?
If your answer is no to both those questions, how can you expect more goods and labor to be exchanged if just certain people get new money?
Would you apply the deflationary spiral argument to gold and bitcoin and argue that those must become more and more valuable because no one is going to sell them in the hope they become even more valuable in the future?
What does it mean to say that there is “not enough money to drive all the buying of real goods and labor that could be exchanged if your economy had more money”?
How do you know how much money is enough?
Why would anyone expect more goods and labor to be exchanged if there was “more money”?
When you say that there is not enough money, then where is there too little money? Who has too little money? And consequently who has too much money? After all, it doesn’t make any sense to say that everyone has too little money—if you give someone money through printing it, you’re taking it away from everyone else, right?
Would you expect more goods and labor to be exchanged if everyone’s bank account was doubled?
Would you expect more goods and labor to be exchanged if money was simply taken away from certain people and given to other people?
If your answer is no to both those questions, how can you expect more goods and labor to be exchanged if just certain people get new money?
Would you apply the deflationary spiral argument to gold and bitcoin and argue that those must become more and more valuable because no one is going to sell them in the hope they become even more valuable in the future?