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That means there are less dollars in circulation, which is the opposite of inflation.
by rationalist 7mo ago
That means there are less dollars in circulation, which is the opposite of inflation.
- empthought 7mo agoYes, I wasn’t clear. I was offering a reason why dollars “losing value” is not actually a thing to worry about. If they didn’t lose value, people would hold onto them instead of spending them. Which is objectively a loss to everyone, regardless of how you decide to denominate it.