• @[email protected]
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    fedilink
    47 hours ago

    I might need an ELIF on this, but why any type of -flation? Why not have a dollar today be equal in purchasing power to a dollar 40 years ago, or 40 years in the future?

    • ObjectivityIncarnate
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      15 hours ago

      Short answer is: to incentivize investment/entrepreneurship etc., which is good for the economy as a whole.