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Joined 2 years ago
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Cake day: June 11th, 2023

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  • One thing I don’t understand about inflation is why printing money increases it but borrowing money doesn’t.

    Either way you all of a sudden have $200 million dollars to spend, why does inflation care if that came from another country? The money is still the same, being spent the same, etc.

    Eventually it needs to be paid back but that’s not for a very long time so wouldn’t inflation happen between now and then anyways?















  • Where I live they are required to rehabilitate the land afterwards, but usually that’s after the mine has been running for like 30+ years and by the time they shut down, they do some weird financial trickery and declare bankruptcy despite having made millions in profits the previous decades and then they just walk away and tax payers need to clean up.