In Fed and Out, Many Now Think Inflation Helps

Re:In Fed and Out, Many Now Think Inflation Helps by oakwhiz on Sunday October 27, 2013 @10:57PM (#6624844)

I never thought of inflation in that way. That's rather interesting. I guess a simple way of describing this would be to say that if you are the sole printer of money, and existing money becomes worth less over time, then you can simply continue to print more money every year in order to cement yourself as the person with the most money.

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Re:In Fed and Out, Many Now Think Inflation Helps by tokenizer on Sunday October 27, 2013 @11:25PM (#6624933)

> existing money becomes worth less over time, then you can simply continue to print more money

Only, the act of printing more money. deepens the problem of your currency losing value. The US thinks it's impervious to inflation, but many including myself see it simply postponing the inflationary event, which will most likely coincide with a currency crisis.

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Re:In Fed and Out, Many Now Think Inflation Helps by oakwhiz on Sunday October 27, 2013 @11:24PM (#6624931)

To elaborate... I suppose it's more about being the person with the most wealth, and you are actually causing a net motion of wealth away from everyone's pockets and toward yourself.

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