prevent inflation by limiting the amount of currency that exists
which is a flawed premise itself. the supply of currency needs to expand at the same rate as productivity increases or else you get deflation which has its own set of problems
well…no.
Gold goes up because of the same reason and its not ruining everything. And I’m pretty sure actually no currency has THAT much inflation, like that’s a lot more than you might think
which is a flawed premise itself. the supply of currency needs to expand at the same rate as productivity increases or else you get deflation which has its own set of problems
well…no. Gold goes up because of the same reason and its not ruining everything. And I’m pretty sure actually no currency has THAT much inflation, like that’s a lot more than you might think