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It misinterprets Lesson #1 even. A city is not printing money, and has no ability to increase the money supply. There's no chance a local program like this lea
by lukevi 6y ago
It misinterprets Lesson #1 even.
A city is not printing money, and has no ability to increase the money supply. There's no chance a local program like this leads to inflation.
- colinmhayes 6y agoIt conceivably raises velocity which would lead to inflation.