• TechnoCat@piefed.social
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    23 hours ago

    Have you not heard of inflation? It is literally the creation of new monies that the government gives to banks to give loans.

    • Pup Biru@aussie.zone
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      11 hours ago

      that’s… not at all what inflation means… it is 1 of many causes of inflation

      and the government doesn’t “give” it to banks

      the reality is far more complex in both cases, even if sometimes the simplified version of things looks like that