this post was submitted on 08 Feb 2025
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How to fix the economy (lemmy.world)
submitted 11 months ago by The_Picard_Maneuver@lemmy.world to c/curatedtumblr@sh.itjust.works
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[–] nsrxn@lemmy.dbzer0.com 2 points 11 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 11 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 11 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 11 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 11 months ago

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