Quantitative easing is a little "printing" to restore growth.
Running the presses as fast as possible is funding a kleptocracy through seignorage.
One makes me bemoan the necessity of the state, one makes me see that it is necessary. I can be a communist or a objectivist, but my continent's population (Europe) have made it clear that they'll still vote for a flavour of social democracy every time.
Running the presses as fast as possible is funding a kleptocracy through seignorage.
One makes me bemoan the necessity of the state, one makes me see that it is necessary. I can be a communist or a objectivist, but my continent's population (Europe) have made it clear that they'll still vote for a flavour of social democracy every time.