I meant Grow*
In: Economics
Ultimately, money is just counters is a world wide game. Like poker chips at the casino.
Because of the constant efforts of human labour and exploitation of natural resources to produce finished goods, the total value of the entire system goes up over time. So as the economy grows, you have to create more counters to keep track of it.
But to encourage the growth of the economy through human labour and investments, you need to add slightly more counters than the current economy size.
Another reason to deliberately create inflation is deficit spending. If you are spending money you don’t really have, you still need to create new counters for those transactions.
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