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Goverments steal purchasing power already via targeted 2% inflation. There is a precedent already - this is just a different way to skin the cat (or more to she
by wintersFright 14y ago
Goverments steal purchasing power already via targeted 2% inflation. There is a precedent already - this is just a different way to skin the cat (or more to shear the sheep!)
- tatsuke95 14y agoNot really. Unexpected inflation hurts. Central banks don't hide the fact that they target positive inflation figures. If you stuff your money in a mattress, you will lose PP. Not if you put it in practically ANY investment vehicle, throughout history. Though, I get your point. Nobody guarantees the value of your dollar earned over any period of time, nor that it won't diminish in value with the production of more dollars.