r/PeterExplainsTheJoke • u/Melodic_Judge_129 • 9h ago

Meme needing explanation Petah?

Post image
14.7k Upvotes

92% Upvoted

2.7k comments sorted by

View all comments

Show parent comments

109

u/PuzzleheadedFee6943 8h ago

why not just start printing money then?!

199

u/Classy_Maggot 8h ago

Germany tried that once. There's a reason the Weimar Republic lasted for about a decade

15

u/samrus 8h ago

but they werent trying to curb deflation, they printed more money to pay debts to other countries. i imagine if we are trying to curb deflation then we'd increase the monetary supply by a calculated amount to not increase inflation too much

3

u/Own_Policy8854 6h ago

We print money and inject it into the economy all the time. But wealthy people have made sure that they're the ones who get the injections. If the money we printed was, say, given to schools and used to build roads, we would have a more just society.