Will it benefit governments,banks,people etc ?
In: Economics
It in theory, benefits anyone holding cash. You have increased the scarcity of the bills, and thus raised its price relative to anything that hasn’t changed.
In reality though, the amount of money you’d need to burn to have any meaningful affect on supply would be more cash than any one person even has, so if you burned your savings, all you’re doing is screwing yourself over.
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