Comment on Inflation?
FluffyPotato@lemm.ee 3 weeks agoInflating money only loses purchasing power if it’s tied to the value of something else as I originally said. That was literally my original point.
Comment on Inflation?
FluffyPotato@lemm.ee 3 weeks agoInflating money only loses purchasing power if it’s tied to the value of something else as I originally said. That was literally my original point.
LibreHans@lemmy.world 3 weeks ago
Money is always tied to the value of things, so according to you inflating the money supply always leads to money losing purchasing power.
Debt denominated in USD