3 ms·
Economies tend to grow. That is, more stuff (goods and services) is available to be traded as populations grow and productivity increases. More stuff + same mo
by mypalmike 5y ago
Economies tend to grow. That is, more stuff (goods and services) is available to be traded as populations grow and productivity increases.
More stuff + same money supply = lower price per stuff. The math is unavoidable. Governing bodies don't play a role in that.