Post
Topic
Board Economics
Re: Why is Inflation a Bad Thing?
by
mrdefendername
on 02/02/2019, 18:53:33 UTC
New coins just turn the market into a trash. I am for limited number of coin only the most liquid should stay.
Also I think that you looked at the inflation not from every side. Imagine yourself in the situation when prices for food, gasoline, government services are growing all the time but your salary stays the same. Not rainbowly, right? Previous example with Venezuela is one of the freshest and hardest examples.
It is unfortunate to admit that this situation is not only in Venezuela. In many countries so.
And about the coins, do not worry. How many would not create them, will survive from them somewhere 10% in the future. Just now everyone wants to create their own and stay afloat.