| Topic List | Page List: 1 |
|---|---|
| Topic | Do overdraft fees contribute to inflation? |
| 8-bit_Biceps 06/28/19 1:44:36 AM #21: | ArchiePeck posted... Lots of things incur fees without a direct exchange of goods or service, however as existing money is being used to pay for them it isn't going to affect the value of money LOL But does it even matter that money exists? Say tomorrow they print more bills. From one point tomorrow to the next there will be a change in dollar bills without any change in resources...say from one nano second to the next nano second in which the bill is finally completely printed. What happened in that small amount of time? Nothing happened at that precise instant the bill was printed. Everything that causes bills to be printed, happens before the bills are printed. So I dont really think that the fact that a bill is used directly to pay something off at some instance in time is relevant at all. I think calling upon people to pay for something because you have the power to make them pay extra, leads to less money being circulated elsewhere. So elsewhere suffers. If elsewhere gets less money then it will charge more to make up for it, and as strategically and surreptitiously as possible. Feelin those IQ points going up? ... Copied to Clipboard! |
| Topic List | Page List: 1 |