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[–] 4 points 5 months ago (1 child)

How do you account for growth in the real economy, then? Spain invaded and obliterated the cultures of a whole continent in part because they didn't have enough silver to match their accounting books.

I get that we have a problem with venture capital and defense contractors having access to the federal money spigot, but putting an arbitrary cap on the monetary supply will just impose a new set of problems.

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