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by wbsss4412 1363 days ago
Note that many people on this and other forums have been talking about how the fed just prints money forever and is out of control. This is them destroying money.

It might not be enough for you personally, but let’s not pretend that money printing only goes in one direction.

Note: as a base expectation, you want to be printing a small amount of money unless circumstances dictate otherwise. In a growing economy, if the growth in the money supply doesn’t keep up with growth, you’ll eventually see deflation. This is explained by the following identity (where the velocity of money is typically observed to be fairly constant):

[Price] * [output] = [velocity of money] * [money supply]