Reserve 🌐 (@reserveprotocol): Adam Smith believed governments shouldn't finance wars by printing money or issuing bonds 🖨️
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Adam Smith believed governments shouldn't finance wars by printing money or issuing bonds 🖨️ Printing just devalues currency and silently taxes citizens Still true centuries later ☝️ What do you think? 💭 🎙️ @HoganMonEcon speaking at Monetarium 1