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wouldn't that happen anyways? if people have money on banks, they're still going to use it eventually. the thing that changes if the money is under mattresses
by 8note 8y ago
wouldn't that happen anyways? if people have money on banks, they're still going to use it eventually.
the thing that changes if the money is under mattresses is that the banks stop having money to lend and invest. I don't know if that creates inflation or not?
- ric2b 8y agoYes, but now when it happens the newly created money is there as well.