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Inflation is one of the largest reasons for the century of economic success the world has seen. It incentivizes investment and stops liquidity crises in the mon
by colinmhayes 4y ago
Inflation is one of the largest reasons for the century of economic success the world has seen. It incentivizes investment and stops liquidity crises in the money market. Non fiat currency would mean mass unemployment every time the economy enters the downturn of the business cycle.