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Kalaong
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I haven\'t read the book yet, but does Pratchett go into the \
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I haven\\\'t read the book yet, but does Pratchett go into the \\\"voluntary inflation\\\" problem?
If a fiat currency is purposefully inflated, there\\\'s an economic boost - people perform labor for an expected salary, which is paid in paper, which, if not spent immediately, inflates and is thus less valuable. The same amount of resources are produced, but those who do it consume less of them.
It works just fine unless the workers realize they\\\'ve been robbed.
If a fiat currency is purposefully inflated, there\\\'s an economic boost - people perform labor for an expected salary, which is paid in paper, which, if not spent immediately, inflates and is thus less valuable. The same amount of resources are produced, but those who do it consume less of them.
It works just fine unless the workers realize they\\\'ve been robbed.
