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by littlestymaar
780 days ago
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> You wouldn't think that printing money leads to a stronger currency Money isn't a commodity, and that's why the Monetarist view is so off. Inflation is never caused by a decline in the value of money, but it can cause a decline in the value of money, just not in every conditions (and with central banks raising interest rates when there's inflation, in practice it has the opposite effect) |
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