anewbeginning@lemmy.worldtoLinux@lemmy.ml•Linux Desktop Share keeps increasing, 3.13% now. Narrowing the gap to ChromeOs 3.24%English
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1 year agodeleted by creator
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A little bit of inflation is a fuel for economic activity. If money doesn’t lose value people have less incentive to put it to work; if it gains value(deflation) people have all the incentive to hoard money.
Currency has no inherent value, it’s purpose is to facilitate trades(economic activity). Products and services are the real value in an economy.
That being said inflation is a real tax and disproportionately hurts the poor.
How much TV do you watch that justifies all of that?