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Is inflation ever going to slow down?


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    We all know inflation steadily rises over time. Sometimes it shoots up here and there, but for the most part it's a steady rise. usually to compensate for this we have increased cost of living wages and whatnot, but we (the US) has been pretty lacking in that department for a good while now. So as we see inflation rise and wages and stuff stay the same, it creates a pretty big problem for normal people to be financially secure. With all that, is there a better system that we are working towards to solve this issue? Is there ever going to come a day where we figure out how to slow down inflation so the wages don't have to continuously go up? That sounds like a logical route to me.
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    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.
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    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.
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    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.