The government likes inflation. It makes their debt easier to manage and it allows them to tax fake gains (in some cases actual losses based on real purchasing power). Thieves gotta steal.
"Over the past five years, the price of my house has increased (gotten more expensive) by 37%.
In bitcoin terms, the price of my house has decreased by a whopping 89% over the past five years."
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The government likes inflation. It makes their debt easier to manage and it allows them to tax fake gains (in some cases actual losses based on real purchasing power). Thieves gotta steal.
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