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Well printing it and putting it into circulation causes inflation. If you give Bill Gates $1Tn and he hides it under his mattress, that does not cause inflation
by lainga 5y ago
Well printing it and putting it into circulation causes inflation. If you give Bill Gates $1Tn and he hides it under his mattress, that does not cause inflation.
- toomuchtodo 5y agoIf Bill takes it and buys more farmland, that does cause trickle down inflation (depending on lease rates charges for farming).
- lainga 5y agoyes, but that's putting it into circulation, isn't it?
- otnihoithiu 5y agoHe didn't hide it under his mattress, he purchased enormous amounts of farmland to rent seek off of your need to eat. https://www.businessinsider.com/bill-gates-land-portfolio-biggest-private-farmland-owner-in-america-2021-1 https://www.businessinsider.com/bill-gates-land-portfolio-bi...