An open letter to my sister on why we can’t “just print more money” (Part III): The problem with cancelling debt.
madelyngrace.substack.com
A few weeks ago, my sister delved into the “print more money” argument. I had no legitimate answer as to why, in practice, this does not work. It went down the rabbit hole. My delayed response has been elaborate, to say the least. This is my third week discussing and researching economics. In other words, this is day 21 of my personal version of hell. Throw in a Jewish grandmother who can’t stop touching your face, the sound of someone chewing macaroni and cheese, a screaming baby, and the early 2000s nightmare that was Axel F’s song “Crazy Frog” – and I might just give up on it all.
An open letter to my sister on why we can’t “just print more money” (Part III): The problem with cancelling debt.
An open letter to my sister on why we can’t…
An open letter to my sister on why we can’t “just print more money” (Part III): The problem with cancelling debt.
A few weeks ago, my sister delved into the “print more money” argument. I had no legitimate answer as to why, in practice, this does not work. It went down the rabbit hole. My delayed response has been elaborate, to say the least. This is my third week discussing and researching economics. In other words, this is day 21 of my personal version of hell. Throw in a Jewish grandmother who can’t stop touching your face, the sound of someone chewing macaroni and cheese, a screaming baby, and the early 2000s nightmare that was Axel F’s song “Crazy Frog” – and I might just give up on it all.