Curated Tumblr

4845 readers

1796 users here now

For preserving the least toxic and most culturally relevant Tumblr heritage posts.

The best transcribed post each week will be pinned and receive a random bitmap of a trophy superimposed with the author's username and a personalized message. Here are some OCR tools to assist you in your endeavors:

web
iOS
FOSS Android Recs per u/m_f@discuss.online: 1 , 2

Don't be mean. I promise to do my best to judge that fairly.

founded 2 years ago

MODERATORS

Apytele@sh.itjust.works

Csynthare@dataterm.digital

ethaver@kbin.earth

467

How to fix the economy (lemmy.world)

submitted 2 months ago by The_Picard_Maneuver@lemmy.world to c/curatedtumblr@sh.itjust.works

166 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] nsrxn@lemmy.dbzer0.com 2 points 2 months ago (1 children)

we print money all the time. we are basically swimming in examples of hyperinflation not happening.

[–] ryathal@sh.itjust.works 1 points 2 months ago (1 children)

We see inflation all the time. Every country that ramped up the printing during covid also saw increased inflation. Most countries stop printing before hyperinflation, we can even see in real time with Argentina that stopping the printing slows the inflation.

[–] nsrxn@lemmy.dbzer0.com 0 points 2 months ago (1 children)

moving the goal posts: we were discussing hyperinflation, and now you're saying just inflation.

[–] ryathal@sh.itjust.works 1 points 2 months ago (1 children)

My original post literally mentioned both, it's not moving the goal posts at all. Printing money leads to inflation, printing even more leads to the end state of hyperinflation.

[–] nsrxn@lemmy.dbzer0.com 0 points 2 months ago

how many dollars do you need to print to cause a dollar to lose one penny of value?