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Depreciated Paper Currency

Discussion in 'Money Talk$' started by KenH, Aug 8, 2024.

  1. KenH

    KenH Well-Known Member

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  2. Wingman68

    Wingman68 Well-Known Member
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    1. Why did you start a new thread for your meme which would have streamed with the existing thread on gold? Just curious. Seems narcissistic, or at the least bloviating.
     
  3. KenH

    KenH Well-Known Member

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    This is about the general rise in prices - commonly referred to as inflation, although inflation is technically defined as an increase in the supply of money beyond the increase in productivity. Thus, there can be no general rise in prices unless there is an excessive increase in the supply of money beyond the increase in productivity. If there is only a proper total of money available in a free market, then if prices rise in one part(s) of the economy then prices must fall in another part(s) of the economy, as there will be only so much money to spend, and supply and demand will keep the general price index steady.
     
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