this post was submitted on 07 May 2025
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This is a great response to the prompt, "Tell us you're a libertarian who doesn't know anything about economics in fewer words."
Would you prefer "puts into circulation" and "removes from circulation" as terms? That works as well. Governments (that control their own currency, so not EU member states for example) don't need to run a balanced budget, as long as you don't mind inflation of deflation. The idea that governments need to operate like a company is a profoundly misguided, neoliberal one.
Coincidentally, I am a libertarian, just not the kind Americans tend to think of.