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by ericd 109 days ago
The value of the USD wasn’t monotonically inflating away for most of its history, people were mostly fine? Were those periods disastrous in some way?
1 comments

You really, really need to investigate the history of inflation.

Really.

I have. Kind of a hobby interest of mine, actually.

https://www.statista.com/statistics/1032048/value-us-dollar-...

If you care to check my claim on it not monotonically decreasing in value. Look at 1776-WW1.