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Well I all the economy is represented by a dollar and I have the dollar I own everything. If the gov prints another dollar I've now become 50% poorer. The gover
by DeonPenny 7y ago
Well I all the economy is represented by a dollar and I have the dollar I own everything. If the gov prints another dollar I've now become 50% poorer. The government essentially has taken my money. Same thing happens here. If the government prints 200 million anyone with RMB in saving will get substantially poorer and good all get more expensive.