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by janalsncm
949 days ago
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I tend to agree but one difference is that inflation isn’t directly imposed on all goods at the same time. Businesses need to decide to change the price. Currency with a devaluation mechanism makes everything “more expensive” at the same time. This means that while there is general upward pressure on all goods, not all things change price at the same time. I’m not sure which is better, but it’s a difference. |
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