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this post was submitted on 29 Apr 2024
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Showerthoughts
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Yeah, but... that's the point. That's an investment. You just said the same thing I said.
For sure that can create imbalances in itself, and that's where other government intervention is required through other tools, but what we're saying here is that inflation encourages you to use the money (say, by buying a house through a mortgage), as opposed to sitting on a pile of cash or keeping it in the bank.