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WiM017 - The Booth Series | Episode 7 | Mind, Power, and Risk
The "What is Money?" Show
Is the Government Trying to Target Inflation?
The government can go misalicate capital make bad decisions, but there's no accountability that pulls them back to reality. So i'd say yet im the government right now orthe ismphatic saying, we're going to target inflation. We're gong to try to increase inflation. Going to keep printing money. Stated policy goal. What does that tell every co that's in a normal market on capitalism? In this environment, every c o is incented because they would never have cash on their balance sheet. And so you'd buy back your stocks because it's the best thing d to do for your shareholders. That's how the free market works,. Your returns will be terrible
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