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Our money supply hasn't increased at the same rate as ourpopulation though. $1 in 1988 would now cost $2.66 8! 2024. The population increased by 37.3% while the
by _heimdall 2y ago
Our money supply hasn't increased at the same rate as ourpopulation though. $1 in 1988 would now cost $2.66 8! 2024. The population increased by 37.3% while the dollar devalued by 166%.
- r2_pilot 2y agoYou're also neglecting the macroeconomics of being the world's reserve currency, and the population growth of the countries that hold US debt, and a lot of other factors, but I'm not an economist and also prefer alternative solutions to currency/money as an idea wherever possible.