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Comment by laszlo-kiss

I thought the Lira lost its value, which is 'inflation'. If it was experiencing deflation then it would become more and more valuable, because it is becoming scarcer.

Inflation is caused by the oversupply of money, it is because the government in charge of that currency is printing it w/o limits. It is a way to pay back loans with cheap money.

Indeed, governments can ban things, but if there is a market for the banned item then there is going to be a supply. Governments don't seem to have the means to block drugs entering prisons, how will they stop ordinary citizens that feel the need to protect themselves from doing what they need to do?

parent laszlo-kiss 4 years ago

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