> Your dollars lose value every year because the government creates money out of thin air (aka inflation). I'm pretty sure it's not the government that creates

> Your dollars lose value every year because the government creates money out of thin air (aka inflation). I'm pretty sure it's not the government that creates most of the money. It's mostly the banks right? When you borrow money, they don't need to go to the government to create the money for that loan in your account. And this is a mostly a good thing. I know a lot of people think it's not, but what it really does is democratise borrowing. Your ability to borrow money is mostly only limited to your own ability to make regular payments. A slight inflation also incentivises people to borrow and invest, so it's often good for economic growth. Maybe it won't be so good in the future when the population and economy starts to shrink consistently. But I'm not convinced that cryptocurrencies is the answer there either.