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fractal_flowers OP , 5 hours ago Ah, I see. So being “devalued” is like mixing base metals in your gold coins, while “cheap money” is like loaning out the treasury. Both contribute to inflation, but in different ways.
Ah, I see. So being “devalued” is like mixing base metals in your gold coins, while “cheap money” is like loaning out the treasury. Both contribute to inflation, but in different ways.