this post was submitted on 10 Oct 2024
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Forging $1 doesn't remove $1 from everyone else.
If someone forged 80 quintillion dollars, it would remove the usefulness of $1 from everyone else. (and that is in fact the economic fear that’s generated through excess inflation, something that has happened in many countries)
Well, The FED has "forged" 9 trillion USD but apparently that increased the usefulness of everyone's dollars.