I understand that money needs to continually be printed as bills and coins are damaged or lost, but wouldn’t any currency be way more stable if it was just printed slower than it’s taken out of circulation?
I understand that money needs to continually be printed as bills and coins are damaged or lost, but wouldn’t any currency be way more stable if it was just printed slower than it’s taken out of circulation?
Hot take but I feel like a sharp, brief deflation phase after a big inflation surge is only good in theory. It corrects for that.