TheGrinder on Nostr: ...
Is there any relationship between inflation and fiat redesign? As in new bills with new designs?
With the average lifetime of any fiat currency being 27 years there is no way around replacing the currency or reforming it since it has lost at least 50% of it's value at 2% inflation p.a. So yes, new banknotes are a built-in feature for any currency since none of them is designed to succeed.
Published at
2024-09-28 11:26:32Event JSON
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