PeggyLouBaldwin

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We shouldn't have to work 40 hours a week to afford a basic life. We do because our currency is constantly losing value. This is by design.

There's a lot of talk about inflation and its causes. Is it corporate greed? Supply chain issues? One clear base cause of inflation less talked about is having an inflationary currency supply. Any other inflation caused by supply chain issues, corporate greed, lack of market competition, etc is just added on top of that. Fiat...

PeggyLouBaldwin ,

Increasing the money supply, all other things equal, decreases the value of the currency. It’s that simple.

how can we test this theory? and would you ever concede it has failed, or will all exceptions be thrown under "all other things weren't equal"?

this theory has no genuine predictive value. it's a tautology

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