Melatonin@lemmy.dbzer0.com to Asklemmy@lemmy.ml · 2 年前How come we experience so much more inflation than deflation? in other words, why does our buying power decrease far more often than it increases?lemmy.dbzer0.comexternal-linkmessage-square158fedilinkarrow-up1468arrow-down117
arrow-up1451arrow-down1external-linkHow come we experience so much more inflation than deflation? in other words, why does our buying power decrease far more often than it increases?lemmy.dbzer0.comMelatonin@lemmy.dbzer0.com to Asklemmy@lemmy.ml · 2 年前message-square158fedilink
minus-squaregjghkk@lemmy.dbzer0.comlinkfedilinkarrow-up4arrow-down5·2 年前There are many reasons for inflation, but the biggest in Capitalistic economy is the interest and that there is no Gold the money is tied to. Basically, they can print out as many dollars as they want. There is no Gold standard.
There are many reasons for inflation, but the biggest in Capitalistic economy is the interest and that there is no Gold the money is tied to. Basically, they can print out as many dollars as they want. There is no Gold standard.