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itsdarkinhere12 t1_iye4qxb wrote

It was super obvious that this was going to happen. A lot of people called it but nothing ever gets done.

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lego_office_worker t1_iyeh7ri wrote

well duh, when the purchasing power of money falls, you have to pay more nominal dollars for the same goods.

thats why inflation is a problem. sure the corporations are making more nominal dollars, but they arent worth as much.

if you have an economy with $100 dollars in it, and then you print another $100, no one in your economy is "twice as rich"

they just have 2x the dollars which now have 0.5x the purchasing power. whats 2 * 0.5?

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