The Picard Maneuver@lemmy.world to Curated Tumblr@sh.itjust.worksEnglish · 14 days agoHow to fix the economylemmy.worldimagemessage-square166fedilinkarrow-up1482arrow-down117
arrow-up1465arrow-down1imageHow to fix the economylemmy.worldThe Picard Maneuver@lemmy.world to Curated Tumblr@sh.itjust.worksEnglish · 14 days agomessage-square166fedilink
minus-squareryathal@sh.itjust.workslinkfedilinkEnglisharrow-up2arrow-down1·14 days agoMy original post literally mentioned both, it’s not moving the goal posts at all. Printing money leads to inflation, printing even more leads to the end state of hyperinflation.
minus-squareNSRXN@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1arrow-down1·14 days agohow many dollars do you need to print to cause a dollar to lose one penny of value?
My original post literally mentioned both, it’s not moving the goal posts at all. Printing money leads to inflation, printing even more leads to the end state of hyperinflation.
how many dollars do you need to print to cause a dollar to lose one penny of value?