Re:Renting a car will be a pain until at least 2022
by chii on Friday September 17, 2021 @11:58PM
(#28573561)
> make money worse as a commodity if we wish to make it better as a medium of exchange
This describes inflation, in so many words. That's why central banks targeting a low level inflation is an excellent idea - it makes people spend money, rather than save. Spending can include investment to stave off inflation's effects - which, in turn, makes for increases in productivity over all.
This describes inflation, in so many words. That's why central banks targeting a low level inflation is an excellent idea - it makes people spend money, rather than save. Spending can include investment to stave off inflation's effects - which, in turn, makes for increases in productivity over all.