From 5d768605db57a5ce8d29d48ee31103770be6a419 Mon Sep 17 00:00:00 2001 From: wellspringcp <69349872+wellspringcp@users.noreply.github.com> Date: Fri, 26 Mar 2021 11:05:21 +1100 Subject: [PATCH] Create 03-2-monetary-policy-apologia.md --- 03-treasury-and-taxation/03-2-monetary-policy-apologia.md | 3 +++ 1 file changed, 3 insertions(+) create mode 100644 03-treasury-and-taxation/03-2-monetary-policy-apologia.md diff --git a/03-treasury-and-taxation/03-2-monetary-policy-apologia.md b/03-treasury-and-taxation/03-2-monetary-policy-apologia.md new file mode 100644 index 0000000..65cbbf5 --- /dev/null +++ b/03-treasury-and-taxation/03-2-monetary-policy-apologia.md @@ -0,0 +1,3 @@ +# Wellspring: Monetary policy: apologia + +If the population of the polity increases to the extent that increases in currency supply are needed, the government should then need new police and soldiers, so the problem solves itself, since the number of soldiers and policemen should scale to cover the population size. So hiring new soldiers and purchasing military assets for readiness to meet the needs of a particular population size should serve as a stand-in for money supply management.