AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Inflationary Currency
Since 19 70, the dollar has been a pure fiat system. The federal reserve tries to get inflation to be about two%. Which means it value kind of slowly goes down over time. This is considered generally a good thing in a lot of mansti economics. Because when you have an infulationary currency, intensivizes people not to hoard it.