Metal Osopher retweeté

“If money is infinite, why is there poverty?”
Because money isn’t wealth. It’s a claim on wealth.
You can print claims. You can’t print the goods and services those claims are supposed to buy.
Give everyone $10 billion and nothing gets richer. Prices just explode until that “wealth” buys nothing.
Poverty isn’t a shortage of paper.
It’s a shortage of production.
Printing money doesn’t solve that. It hides it for a moment, then makes it worse.
True market Leader@TmarketL
f Money is Infinite, Why Do We Still Have Poverty? | Prof. Jiang Xueqin If money is infinite, why does poverty still exist.
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