we all know the thing where it’s like oh in the 60s x amount of money is equivalent to x amount in today’s time, and how people could earn a dollar for an hourly wage because it was worth more back then. is it possible to have a “reset” on inflation where we go back to spending/earning a dollar, or will it keep permanently increasing to where in the future 10k is chump change?
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Well, you could reset the value of money, but that doesn’t necessarily stop the inflation. Mild inflation is a good thing and desired, it shows growth in the economy.
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