Jack Mallers
Tetragrammaton with Rick Rubin
Debasing Currency Debases Society
The value of currency is directly tied to the goods and services it can represent. When more currency is printed without a corresponding increase in goods, the real value of the currency decreases, resulting in inflation. This inflation signifies a reduction in purchasing power, as more money now equates to the same amount of goods. Money symbolizes our time and energy invested in work, effectively acting as a medium to store and exchange these contributions to society. When a government inflates the currency, it indirectly diminishes the value of individual contributions, debasing the worth of both the currency and its holders.
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