2 ms·
> But if we're printing a bunch of new money and giving it to everyone equally, that Bob doesn't get any more than the original one Except your policy is infla
by ivalm 5y ago
> But if we're printing a bunch of new money and giving it to everyone equally, that Bob doesn't get any more than the original one
Except your policy is inflationary and Bob with 10x homes is highly in debt with likely fixed interest rate, so inflation likely is very good for him (ie you dramatically increased his net present value/gave him a lot of money in real terms).