Comment by petters
2 years ago
When the economy grows, the amount of currency needs to grow as well. Otherwise prices will fall (deflation). That hurts the economy as a whole because e.g. real wages might increase too much
2 years ago
When the economy grows, the amount of currency needs to grow as well. Otherwise prices will fall (deflation). That hurts the economy as a whole because e.g. real wages might increase too much
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