Re:How Airbus Took Off
by littlestymaar on Sunday November 09, 2025 @03:48PM
(#45869030)
> Neither which is the same as expanding the monetary base (debasement if you want to be spicy).
“debasement” proper is also something else.
> An economy with a shrinking money supply can experience inflation and devaluation relative to other currencies. An economy with a growing money supply can experience deflation and a strong currency.
Yes. And an economy with a growing money supply can experience inflation and having a strong currency at the same time (see what happened to the US and the US Dollar in the first half of 2022).
Neither which is the same as expanding the monetary base (debasement if you want to be spicy).
An economy with a shrinking money supply can experience inflation and devaluation relative to other currencies. An economy with a growing money supply can experience deflation and a strong currency.