I considered deleting the post, but this seems more cowardly than just admitting I was wrong. But TIL something!
this post was submitted on 06 Jan 2024
289 points (86.2% liked)
memes
9892 readers
2554 users here now
Community rules
1. Be civil
No trolling, bigotry or other insulting / annoying behaviour
2. No politics
This is non-politics community. For political memes please go to !politicalmemes@lemmy.world
3. No recent reposts
Check for reposts when posting a meme, you can only repost after 1 month
4. No bots
No bots without the express approval of the mods or the admins
5. No Spam/Ads
No advertisements or spam. This is an instance rule and the only way to live.
Sister communities
- !tenforward@lemmy.world : Star Trek memes, chat and shitposts
- !lemmyshitpost@lemmy.world : Lemmy Shitposts, anything and everything goes.
- !linuxmemes@lemmy.world : Linux themed memes
- !comicstrips@lemmy.world : for those who love comic stories.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
But the creation of each additional bill devalues the currency. At some point the value of all this paper money is negative because it’s not worth keeping and storing. The point at which they cross from positive to negative value would give them zero value, and they’d be equal.