Re:Coinbase Wants to Be Too Big to Fail
by sparkie on Friday September 28, 2018 @04:42AM
(#18091860)
Stable in the short term, that's because inflation takes its time to work its way through the system. It doesn't all hit at once. The inequality is that the money printers get to spend their newly printed money at face value at the time of print. By the time it works its way through the system, it is worth less for everyone else, who has to then pay it back, with interest, to people who printed it.
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