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Well, the point I was getting to is how to approach such an effect through a thought experiment. I agree that my scenario is very different, but it's about the
by martin-adams 13y ago
Well, the point I was getting to is how to approach such an effect through a thought experiment. I agree that my scenario is very different, but it's about the short and long term effects. You're right, my example would probably devalue the currency and create inflation, but what would happen as a result. Would prices go up within days, weeks year. What about wages and tax. How long would the rate of increase last.