Comment Comment by dlp211 We (mostly) don't create money out of thin air. We borrow it. This obligation acts as a limit on money supply inflation.Also, slight, but mostly consistent inflation is far better for everyone than what the US went through in it's first 150 years as a country.The average American household is worth more than $1MM and the median is close to $200k. All time highs, even adjusting for all the inflation.https://dqydj.com/net-worth-by-year/ parent dlp211 2 years ago
Also, slight, but mostly consistent inflation is far better for everyone than what the US went through in it's first 150 years as a country.
The average American household is worth more than $1MM and the median is close to $200k. All time highs, even adjusting for all the inflation.
https://dqydj.com/net-worth-by-year/