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I’m pretty sure all governments will just print some money once COVID19 has worked it’s way through the population. Deflation is the enemy.
by andy_ppp 7y ago
I’m pretty sure all governments will just print some money once COVID19 has worked it’s way through the population. Deflation is the enemy.
- scottlocklin 7y agoYou know, if people are sitting at home not doing anything for an extended period of time, that's actually inflationary whether they print money or not.
- andy_ppp 7y agoCan you explain why?
- scottlocklin 7y agoPretty simple: if you're two people locked up in your Kung Flu bunkers; someone has a 50lb sack of rice, and the government keeps sending you both cash, the price for a cup of rice is going to go up.