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A comment on Physical cash is dying–and you don't need to be a conspiracist to worry. Parent comment

Re:Physical cash is dying–and you don't need to be a conspir... by ttoinou on Saturday February 03, 2024 @08:34AM (#39240195)
Correct, it's the rarety of all others bank notes that is increased, increasing purchasing power is only one consequence possible but not the only one.

By the way, being hard to measure doesn't mean it doesn't exist. And there are plenty of things easy to measure that are meaningless

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Re:Physical cash is dying–and you don't need to be a conspir... by CraigJPerry on Saturday February 03, 2024 @10:49AM (#39241433)
Bank notes are not re-issued 1:1 with destroyed notes.

>> being hard to measure doesn't mean it doesn't exist

No in this context it does. Either you can measure the increase purchasing power or you can’t. And if you can’t measure it, it doesn’t exist in this specific case.

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Re:Physical cash is dying–and you don't need to be a conspir... by ttoinou on Saturday February 03, 2024 @04:33PM (#39244959)
Most economics consequences will never be measured ever
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Re:Physical cash is dying–and you don't need to be a conspir... by CraigJPerry on Saturday February 03, 2024 @06:46PM (#39245930)
I think we’d be getting into something akin to “homeopathic” monetary theory with that line of reasoning…!
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Re:Physical cash is dying–and you don't need to be a conspir... by ttoinou on Sunday February 04, 2024 @05:47AM (#39249179)
Do you only do stuff in life that you think will be able to measure a posteriori ?
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