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[–] 0 points 2 years ago (1 child)

Money is not free. The cost of new money is devaluation of old money.

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  • [–] 2 points 2 years ago

    Devaluation is not a cost.

    It is, however, a consequence of expanding the money supply.

    In turn, however, expansion of supply is not a threat, because of the various capacities for the government to withdraw money, as through taxation, or central bank policy.

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