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Topic: Inflation that's equally distributed. - page 2. (Read 2069 times)

legendary
Activity: 1596
Merit: 1012
Democracy is vulnerable to a 51% attack.
January 01, 2013, 02:13:08 AM
#3
What if the additional currency introduced (inflation) were evenly distributed to people of a country? The currency will still inflate, but for most people they will actually gain more buying power over time. For the people who are rich, then they face inflation but that's not a bad thing - they'll be encouraged to spend it.
That's equivalent to doing nothing at all, so why bother? If you think inflation is needed, this won't provide it. If you don't think inflation is needed, why bother going to all this effort?
legendary
Activity: 1330
Merit: 1000
December 31, 2012, 11:20:50 PM
#2
There is no way this can actually exist in reality.  Defining "people of a country" and distributing anything evenly is doomed to failure.
vip
Activity: 1316
Merit: 1043
👻
December 31, 2012, 10:27:19 PM
#1
What if the additional currency introduced (inflation) were evenly distributed to people of a country? The currency will still inflate, but for most people they will actually gain more buying power over time. For the people who are rich, then they face inflation but that's not a bad thing - they'll be encouraged to spend it.
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