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PeggyLouBaldwin , 27 days ago to Personal Finance in 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. 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
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