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Cake day: June 30th, 2024

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  • geissi@feddit.orgtoLefty Memes@lemmy.dbzer0.comModern Monetary Theory
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    20 days ago

    Hyperinflation is typically caused when you’re printing money to buy foreign currency as a means of servicing foreign debt as was the case in Weimar era Germany.
    The increased supply lowers exchange rates, which in turn means you need to print more money.

    As long as you have free economic capacity domestically, spending money for it to be used won’t cause hyperinflation.



  • I mean using your real name does not depend on the platform you’re using but more on how you’re using it.
    Pretty sure the majority of reddit users do not post under their real name and you could use a pseudonym on facebook if you wanted to.
    Zuckerberg isn’t going to check your ID when you sign up.