I have some thoughts but nothing is solidified:
With more money in the hands of more people, overall spending increases (one person with 100 bucks will likely spend less than the cumulative total of 10 people with 10 bucks)
With more spending, the money supply goes up
When the money supply goes up, there is inflation.
What are your thoughts? Thank you.
With more money in the hands of more people, overall spending increases (one person with 100 bucks will likely spend less than the cumulative total of 10 people with 10 bucks)
With more spending, the money supply goes up
When the money supply goes up, there is inflation.
What are your thoughts? Thank you.