It sounds like you’re saying why you think inflation is a good idea, not why it’s natural.
Why not share the same $100 forever? As the value of $100 increases, we can just divide it up into smaller and smaller bills.
We should be trading our limited time for another limited resource, not an unlimited one. At the time of the trade they’re always equal, but labor in the past should be worth more than that, not less.
Dividing $100 into smaller and smaller pieces is the exact same thing as making money which causes inflation? If you divide it into 200 parts of fifty cents each and you only need 199 then someone has an extra fifty cents.
It sounds like you’re saying why you think inflation is a good idea, not why it’s natural.
Why not share the same $100 forever? As the value of $100 increases, we can just divide it up into smaller and smaller bills.
We should be trading our limited time for another limited resource, not an unlimited one. At the time of the trade they’re always equal, but labor in the past should be worth more than that, not less.
Dividing $100 into smaller and smaller pieces is the exact same thing as making money which causes inflation? If you divide it into 200 parts of fifty cents each and you only need 199 then someone has an extra fifty cents.
It’s not the same thing because each person’s percentage of the total supply doesn’t change, like it does with inflation.