You can't create resources out of nothing. Resources are physical. If you print money you are just directing resources into the hands of the people you give the printed money to. It doesn't create any new resources for them. Someone has to be robbed.
You can't create resources out of nothing. Resources are physical. If you print money you are just directing resources into the hands of the people you give the printed money to. It doesn't create any new resources for them. Someone has to be robbed.
Let me rephrase that. Socialism works great when you can print money out of nothing, or borrow it, and then use that money to buy resources from people that still believe your money had the same value that it did before you borrowed/printed more of it.
Let me rephrase that. Socialism works great when you can print money out of nothing, or borrow it, and then use that money to buy resources from people that still believe your money had the same value that it did before you borrowed/printed more of it.
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