3 ms·
I don't see the point of the inflation "criticism". We can always add more zeroes to the bills, and if inflation raged long and hard enough we can simply issue
by sharpneli 13y ago
I don't see the point of the inflation "criticism". We can always add more zeroes to the bills, and if inflation raged long and hard enough we can simply issue a devaluation where 1 new unit corresponds to 1 gazillion old units.
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It is not about lack of precision. It is about the change of purchasing power of a unit of money you currently posses.