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> If everyone did that, then there wouldn't be enough currency in circulation to actually do work. That's just not true. Money on its own is useless to people.
by bufferoverflow 5y ago
> If everyone did that, then there wouldn't be enough currency in circulation to actually do work.
That's just not true. Money on its own is useless to people. People want to buy stuff and services. Deflationary currency just makes them think - do I really need this stuff? Inflationary currency makes you think - I better buy at least some useless junk than lose my hard earned money.