Can they ever be reset? Or will one day a regular chocolate bar cost for example €50? House that costs €200k cost €1,000,000? Will the likes of the euro or US dollar one day be the same as currencies such as the YEN where “1” of them is essentially worthless?
In: Economics
There was a time when being a millionaire in USA meant you were a big wig and affect how the nation was gonna be governed.
Today 8% of Americans are millionaires.
It doesn’t go back.
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