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by Retric
1600 days ago
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The normal explanation is money is a lubricant for the economy, as the economy grows so must the money supply or you get deflation. On top of that some percentage of physical money is lost or destroyed every year. Picture what would have happened if the exact number of bills in 1922 where in use in 2022. That said there are a lot of different short vs long term effects. |
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