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MartyBent / Marty Bent
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2023-09-13 22:36:40

MartyBent on Nostr: The ability of money to increase in purchasing power over time has been made ...

The ability of money to increase in purchasing power over time has been made impossible due to the fact that central banks have a baked in inflation target that they use to create price stability.

The idea that saving money is bad has led to this policy.

https://tftc.io/martys-bent/higher-savings-are-good-for-economy/
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