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This is the logical conclusion of central planning in the currency market - where supply can be infinite and is controlled by monopoly, as opposed to currency b
by jeofken 6y ago
This is the logical conclusion of central planning in the currency market - where supply can be infinite and is controlled by monopoly, as opposed to currency bound to a real asset, or otherwise can’t be created from nothing such as bitcoin.
Inflation hits those who have a salary, as their purchasing power sinks. The rich earn their income from owning capital, not from contracts where they trade hours per dollars.