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Comment by Geee

Governments that overspend or misallocate capital are a burden to the economy. With sound money, a badly managed country can go bankrupt because they can't print more money. It isn't the fault of the money, while this is the usual argument. It's just the nature of honest money.

So, it results in destabilizing governments that are overspending, but stabilizing those that are not.

parent Geee 5 years ago

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