it doesnt matter what we can buy now that didnt exist 100 years ago.
printing "money" out of thin air makes it less and less valuable. that's a well known fact :)
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it doesnt matter what we can buy now that didnt exist 100 years ago.
printing "money" out of thin air makes it less and less valuable. that's a well known fact :)
while that is true for fiat money, it doesn't seem to necessarily apply to cryptos (look at all the inflationary coins which have increased in value)... but it's a long term experiment
That is because it is not true for fiat either. It could be in some cases but it is mostly because people refuse to look at what is truly taking place.
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Then explain Japan.
They printed money out of thin air for 25 years and had a deflationary spiral.
Seems your fact is completely wrong.
Posted Using LeoFinance Beta
time will tell who was right 😁
I hope it was you. good luck👍