ZeroCool@slrpnk.net to Lemmy Shitpost@lemmy.world · 3 months agoInflation?i.ibb.coexternal-linkmessage-square78fedilinkarrow-up11.33Karrow-down145
arrow-up11.29Karrow-down1external-linkInflation?i.ibb.coZeroCool@slrpnk.net to Lemmy Shitpost@lemmy.world · 3 months agomessage-square78fedilink
minus-squareFluffyPotato@lemm.eelinkfedilinkarrow-up1arrow-down2·edit-23 months agoInflating money only loses purchasing power if it’s tied to the value of something else as I originally said. That was literally my original point. And what do you mean by USD debt?
minus-squareLibreHans@lemmy.worldlinkfedilinkarrow-up1·3 months agoMoney is always tied to the value of things, so according to you inflating the money supply always leads to money losing purchasing power. Debt denominated in USD
Inflating money only loses purchasing power if it’s tied to the value of something else as I originally said. That was literally my original point.
And what do you mean by USD debt?
Money is always tied to the value of things, so according to you inflating the money supply always leads to money losing purchasing power.
Debt denominated in USD