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If everyone prints money then everyone devalues their currency together and the dollar stays put in relative value, no?
by givemeethekeys 5y ago
If everyone prints money then everyone devalues their currency together and the dollar stays put in relative value, no?
- DiabloD3 5y agoInflation is theft, however. Nobody should be engaging in this.
- tinus_hn 5y agoAlternatively it’s a comprehensive tax.
- 7speter 5y agoMy understanding from my undergrad Money and Banking course (someone else may learn the same topic from a differing vantage point) is that even if all countries are printing money at the same time different countries print differing amounts of money because they either have some comparative advantage in some good or service they can produce or none at all.
- dataangel 5y agoSeparate from value to other currencies it still effectively shrinks debts, and prices in different areas/sectors take different amounts of time to adjust. So still lots of effects.