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Inflation -- the government prints money, devaluing all existing money. It's a tax with no paperwork involved.
by saalweachter 6y ago
Inflation -- the government prints money, devaluing all existing money. It's a tax with no paperwork involved.
- hyperpape 6y agoWouldn't this tend to cause overinvestment in durable goods? Instead of putting your money in a bank, you put it in something physical to resell later. Seems inefficient.