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Knock_Knock_Lemmy_In , 16 days ago you can double the amount in circulation but if no one raises prices there would be no inflation. Let’s say all dollars are now worth 2 Xollars. Trading in dollars is now illegal and everything must now be traded in Xollers. A loaf of bread costing 1 dollar will now cost 2 Xollars. Doubling the amount of money in circulation doubles prices.
you can double the amount in circulation but if no one raises prices there would be no inflation.
Let’s say all dollars are now worth 2 Xollars. Trading in dollars is now illegal and everything must now be traded in Xollers.
A loaf of bread costing 1 dollar will now cost 2 Xollars.
Doubling the amount of money in circulation doubles prices.