2
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 05 May 2025
2 points (55.6% liked)
Explain Like I'm Five
16631 readers
1 users here now
Simplifying Complexity, One Answer at a Time!
Rules
- Be respectful and inclusive.
- No harassment, hate speech, or trolling.
- Engage in constructive discussions.
- Share relevant content.
- Follow guidelines and moderators' instructions.
- Use appropriate language and tone.
- Report violations.
- Foster a continuous learning environment.
founded 2 years ago
MODERATORS
Governments can create/destroy money supply. They don't need to balance cheque books so it's not an analogous concept.
Extra bonus: read around fiat currencies.