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kriops
847 days ago
If you devalue a currency by 1/10 and everything else is equal, then everything will cost 10/9 more measured in that currency.
1 comments
quickthrower2
847 days ago
To a point. Who wants to own stocks in a country with hyperinflation. Of course this is a nitpick because it is unlikely to happen to the US anytime soon.
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