therealsatoshi Wrote: It is logical but unfortunately it won't ever happen. Fiat currency like the US dollar are inherently inflationary. At least until they no longer print more of it.
The Big Burry Wrote:therealsatoshi Wrote: It is logical but unfortunately it won't ever happen. Fiat currency like the US dollar are inherently inflationary. At least until they no longer print more of it. I don't know if it won't ever happen again, but I agree with most of your point. Could you imagine if we still printed all the money our government (and to be fair, many other Western democracies) spend? We'd run out of trees in days.
That we would. Makes me wonder how many US dollars there are in circulation vs the total supply. Googled it and the first result was this infographic article which is interesting in it's own right.
Far and away the $1 bill and the $100 bill are the most circulated bills, and they are pretty even at (as of 2018) around 11.7 billion and 11.5 billion respectively. Next closest is the $20 at 8.9 billion.