Everyone here should watch that Ducktales episode where everyone in the valley gets lots of bottle caps and then there's no value to them.
It's a fallacy and shortsightedness to think there be no inflation. No country is a closed system. People will be spending money on imported goods. This will only leave inflating money supply as a resort; so state can fulfil its obligation.
It's a fallacy and shortsightedness to think there be no inflation. No country is a closed system. People will be spending money on imported goods. This will only leave inflating money supply as a resort; so state can fulfil its obligation.