What does money printing really mean?
Crypto thrives on memes, and one of the most popular is the message of governments spending their way out of economic problems with the “money printer go brrrr.” Though the message is broadly accurate, and governments are massively expanding the money supply, they don’t actually print more money to achieve this, so where does new money come from, and why is it such a problem?
Our article answers these questions and covers other topics, such as:
— The problems with unchecked money creation
— Why governments keep growing national debt
— Kicking the debt can down the road
— Bitcoin = schmuck insurance