Comment on Inflation?
FluffyPotato@lemm.ee 10 months 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 10 months 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 10 months 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