ZeroCool@slrpnk.net to Lemmy Shitpost@lemmy.world · 1 month agoInflation?i.ibb.coimagemessage-square90fedilinkarrow-up11.35Karrow-down147
arrow-up11.3Karrow-down1imageInflation?i.ibb.coZeroCool@slrpnk.net to Lemmy Shitpost@lemmy.world · 1 month agomessage-square90fedilink
minus-squareFluffyPotato@lemm.eelinkfedilinkarrow-up1arrow-down2·edit-21 month 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-up1·1 month 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