• Juice@midwest.social
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    12 hours ago

    I really don’t think Trump is creating an infinite money glitch, I think he is using the fed to crash the economy, and make a hefty sum on the side. Money isn’t a commodity like diamonds, where there is a limit to how much diamonds you can mine. Money supply is pinned to the productive capacity of a national economy.

    Money is a social relation. It takes the form of a commodity but oversupply and undersupply isn’t determined by the number of dollars in circulation, its a relation between what can be produced and what is actually produced