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> The whole point of central banking is to inflate the currency to provide money for the government to spend without needing to raise taxes. Bullshit. The who
by pas 7y ago
> The whole point of central banking is to inflate the currency to provide money for the government to spend without needing to raise taxes.
Bullshit.
The whole point of central banking is to provide price stability (which is predictable, stable, low ~2% inflation), that is to manage the money supply to follow the growth (or shrinking) of the economy.