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thou42o369098 | 3 days ago

It is when it gets spent - duh!

This endless money-spinning & the larger monetary system is a big scam to steal from actual productive work. How is it fair to normal people that the whole system is rigged such that if they DON'T indulge in all this gambling (ignore the fact that most retail traders are on the sucker-end of the trade), they lose whatever wealth they've stored to inflation ?

discuss

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dpoloncsak|3 days ago

Maybe I've drank the kool-aid, but I don't understand inflation to be an effect of a 'rigged system'. I think anyway you look at it, it's natural

lupire|3 days ago

Money is an IOU. It's not a secret that US central bank policy is to devalue those IOUs at a rate of 2% per year in order to artificially stimulate demand for production.