does inflation just keep working forever? What happens when a dollar becomes useless?

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For example at 3% inflation, 19 dollars 100 years from now will be worth about 1 dollar today. So spending a hundred bucks on a cup of coffee would be possible if inflation just keep happening. Will the government ever reinvent currency to “reset” the clock or will we just have to begin printing 1000 dollar bills?

In: Economics

7 Answers

Anonymous 0 Comments

You do like Mexico did in 1993, and you just say a *new* dollar ($$ Dollar) is worth 1000 *old* dollars ($ dollar), and you issue all new currency.

Bam! Prices are back to normal amounts again.

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