This is wrong.
In fact, the reason for inflation is exactly this - Printing money inflates the general supply, which robs you of your purchasing power, aka, makes every piece of money less valuable because there is more of it.
What we need is good, hard, sound money, that cannot be printed into oblivion by a select few who deem it necessary.
Gold was this until 1971. But synthatic gold (adds to inflation) has become a problem, plus it’s not hard-capped, inflation is just slow.
Obviously, we all know the solution by now, or have heard of it, so I’ll just let time do the rest.
I know you’re just trying to be helpful but this is !shitposting@lemmy.ml and the way I see it, the more money you have the more you can spend and I wanna spend BIG.
This is wrong. In fact, the reason for inflation is exactly this - Printing money inflates the general supply, which robs you of your purchasing power, aka, makes every piece of money less valuable because there is more of it.
What we need is good, hard, sound money, that cannot be printed into oblivion by a select few who deem it necessary.
Gold was this until 1971. But synthatic gold (adds to inflation) has become a problem, plus it’s not hard-capped, inflation is just slow.
Obviously, we all know the solution by now, or have heard of it, so I’ll just let time do the rest.
TIL Japan doesn’t exist.
Japan has deflation problems despite having the money printers going full blast for the last 25-30 years.
I know you’re just trying to be helpful but this is !shitposting@lemmy.ml and the way I see it, the more money you have the more you can spend and I wanna spend BIG.