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Inflation makes money lose one of the primary purposes of why money exists in the first place: money is a store of value.
by cuspycode 8y ago
Inflation makes money lose one of the primary purposes of why money exists in the first place: money is a store of value.
- mywittyname 8y agoIt's primary purpose is as a unit of account, i.e., to quantify the value of an asset. It's the assets themselves that are the long-term store of wealth.