4 ms·
No, it's not easy. But we do know that increasing the money supply faster than economic growth creates inflation. We also know that inflation helps the rich and
by merpnderp 5y ago
No, it's not easy. But we do know that increasing the money supply faster than economic growth creates inflation. We also know that inflation helps the rich and hurts the poor since it inflates asset prices faster than wages. And guess who owns most of the assets.