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I don't care if governments print money. Contrary to popular wisdom, 2-3% inflation per year is intended by central banks, because to have less that that reduces investment in venture capital and reduces the incentive to start buisnesses/do productive things with your money. They don't print money to "cheat" or because they want more money, that would be stupid - the overall amount minted in most countries is barely above the replacement rate for currency lost/destroyed/missing. If they were doing it to profit, the amount printed is just a drop in the ocean comapred to the amount made through tax, so it would be a stupid idea. Governments control the money supply specifically to control the inflation rate, which is a lever they can move to respond to market conditions, keeping it low when the economy is growing, and raising it during recessions to incentivise investment. When governments can't do that, recessions hit MUCH harder, see: greece, portugal, ireland, and many other countries in the eurozone who weren't able to use monetary policy and were hit by devastating recessions as a result. In any case, you "work" for an open source currency? I presume some money is earmarked from the transaction cost to pay developers? |