6 ms·
You have discovered inflation....
by xchip 1mo ago
You have discovered inflation....
- rotbart 1mo agoClearly, you have not read the article.
- gus_massa 1mo agoFrom https://en.wikipedia.org/wiki/Federal_Reserve https://en.wikipedia.org/wiki/Federal_Reserve > Conduct monetary policy by influencing market interest rates to achieve the goals of [...] an inflation rate of 2 percent per year on average [...] The idea is to discourage people/companies to store a truckload of cash like Scrooge McDuck. So it's better to invest it or put it in a bank where the bank will not store it but lean it so it's invested. The end result is to encourage the money to flow, as suggested in the article.