Originally Posted by
TyWebb
I seriously doubt that the FED has been trying to inflate the dollar for years.MMT is based on not the contraint of debt or insolvency but instead inflation. So, as long as inflation, mainly CPI, stays managable then the printing machine can keep going.
Yes, inflation is a natural consequence of the concept of money.
Money has no inherent value, it's basically a marker saying "I did something for someone today, and I'm hoping someone will remember that and do something for me in the future".
The more time passes, the more everyone's memory fades. Natural inflation is simply the "cooling" of people's savings.