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Why is increasing divisibility any better than creating more if the end result is the same?
by _mhr_ 9y ago
Why is increasing divisibility any better than creating more if the end result is the same?
- runeks 9y agoBecause by increasing divisibility you don’t change the distribution of wealth (how much people own relative to each other) whereas, if you create more currency, the recipient of the new coins is enriched on behalf of everyone else.