Elaborate, please
stationary_melon
The money supply grows because banks are only forced to keep some of their deposits as reserves. Everything else can be lend away. The formula for the amount of money they create (money multiplier) is as follows:
a = physical currency/bank deposits w = reserves/deposit accounts MM = 1+a/w+a
You can interprete w as the rate of reserves. So if we simplify the equation by assuming theres no cash it becomes:
MM = 1/w
So if the reserve ratio is 0.1, the MM would be 10, meaning that the money supply will be 10 times bigger than the monetary base (cash + reserves).
Why choose inflation when you can just as easily raise other taxes?
I'm sure you agree with me that increasing taxes on inheritance, property, capital gains or really high income would be more efficient than printing money.
What is supposed to be the argument for the "genius IQ" opinion? I'm not claiming inflation is this big bad monster some people make it out to be, but frankly, this meme seems like It's advocating for relying on inflation as a way for the state to fund itself without any consequences.
"If people say edge is bad they should consider thinking about your windows 11 os lol"
If you aren't compiling your own shoes you are legally forbidden to use Linux.
Sorry, I don't make the rules.
Since you're interested in traveling, I would say french. It is spoken in a very wide variety of countries all over the world, you have a lot of resources to learn it and it's related to the other languages to know. Other languages might have more speakers, but if youre just interested in the visiting a lot of wholly different places, it is probably the best one.
making it harder for many* to escape.
many: rich people
I mean, those are valid concerns. Most messaging apps require a server to be running at all times. If there is only one centralized server, costs will start to pile up, so they'll need a way to make money; either by asking for donations, making a paid tier or by selling your data.
I have to agree on the DaVinci Code, it's impossible to get pass the first chapter.
Are you referring to websites that use WebGl like Google Earth? If that is the case, there is an option for enabling it on settings.
Eylenburgh's tech website has a guide on how to buy monero, although I haven't tried it myself