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Can anyone tell me what will happen to inflation when, let's say, in 50 years time we have a completely digital economy (e-money)? Would it not, in that special
by kensai 12y ago
Can anyone tell me what will happen to inflation when, let's say, in 50 years time we have a completely digital economy (e-money)? Would it not, in that special case, be impossible to stash the money under the proverbial mattress thus people may actually lose money simply by having it (in their current accounts, obviously)?
- wodenokoto 12y agoPeople are losing money by simply having it. Even if you store it in a normal bank account that gives interest rates inflation will eat up the interest and then some.