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    ≠ (amerika@annihilation.social)'s status on Thursday, 05-Sep-2024 02:51:21 JST≠≠
    in reply to
    • Haelwenn /элвэн/ :triskell:
    • iced depresso
    • ✙ dcc :pedomustdie: :phear_slackware:
    • Sick Sun
    • kuteboiCoder
    @dcc @KuteboiCoder @icedquinn @lanodan @sun

    Demand-based economics hold that more demand for the money increases its value.

    That tends however to cause a boom-bust cycle like the one we are in now.

    Supply-side economics say that you increase the value of what BACKS the currency, and things get better.

    It's more like the gold standard than Modern Monetary Theory (#MMT) which is basically Keynesian acrobatics.
    In conversationabout 3 months ago from annihilation.socialpermalink
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