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> There are a lot of people that think we can print spend endless amounts of money without consequences. I’ve seen this said more than I’ve seen people who act
by OGWhales 4y ago
> There are a lot of people that think we can print spend endless amounts of money without consequences.
I’ve seen this said more than I’ve seen people who actually think that. Most people have heard horror stories of hyperinflation and, if anything, are overly weary of inflation than not.
The comment above makes a good point. These types of hyperinflation situations are the result of serious mismanagement and deeper issues. When considering inflation, it’s important to study real resource constraints and any debts that need to be paid back in foreign currencies. All the famous examples of hyperinflation involve issues with these factors.
- deleted 4y ago[deleted]