The Picard Maneuver@lemmy.world to Curated Tumblr@sh.itjust.worksEnglish · 1 year agoHow to fix the economylemmy.worldimagemessage-square165fedilinkarrow-up1487arrow-down117
arrow-up1470arrow-down1imageHow to fix the economylemmy.worldThe Picard Maneuver@lemmy.world to Curated Tumblr@sh.itjust.worksEnglish · 1 year agomessage-square165fedilink
minus-squareNSRXN@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up2arrow-down2·1 year agomoving the goal posts: we were discussing hyperinflation, and now you’re saying just inflation.
minus-squareryathal@sh.itjust.workslinkfedilinkEnglisharrow-up2arrow-down1·1 year 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-down1·1 year agohow many dollars do you need to print to cause a dollar to lose one penny of value?
moving the goal posts: we were discussing hyperinflation, and now you’re saying just inflation.
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?