eli5: if we hypothetically got every American to burn a $20 bill, could we slow down inflation?

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eli5: if we hypothetically got every American to burn a $20 bill, could we slow down inflation?

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Anonymous 0 Comments

no, as many others have mentioned here. It would be a tiny dent in the US economy. additionally much of what is causing inflation is debt, which isnt something that can be slowed down by burning money

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