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Inflationomics
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The belief/teaching by economists, businessmen, and politicians that inflation is good. Governments around the world are inflating their fiat currencies at various rates under the influence of inflationomics. At some point, inflation can lead to hyperinflation if a government creates “too much” money; for example when a government prints enough for the currency’s users to lose confidence in the currency as a store of value. For an example of this, see Zimbabwe |
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