minus-squarefractal_flowers@lemmy.mlOPtoAsklemmy@lemmy.ml•How can money be both devalued and expensive?linkfedilinkEnglisharrow-up0·2 months agoAh, I see. So being “devalued” is like mixing base metals in your gold coins, while “cheap money” is like loaning out the treasury. Both contribute to inflation, but in different ways. linkfedilink
fractal_flowers@lemmy.ml to Asklemmy@lemmy.mlEnglish · 2 months agoHow can money be both devalued and expensive?plus-squaremessage-squaremessage-square6fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1message-squareHow can money be both devalued and expensive?plus-squarefractal_flowers@lemmy.ml to Asklemmy@lemmy.mlEnglish · 2 months agomessage-square6fedilink
Ah, I see. So being “devalued” is like mixing base metals in your gold coins, while “cheap money” is like loaning out the treasury. Both contribute to inflation, but in different ways.