Re: Could Someone Please Explain the Money Supply?
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Also, if our money is getting diluted at the benefit of others, isn't that a type of theft from people that are holding American currency?
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You are onto something, it is a sort of theft. Every note or coin you have in your pocket loses value all the time, but you are told this. If you ask Bernanke if he can promise you you will get the same for 1k as you get today in 5 years time he will tell you that his aim is to make it so that you get less. So nobody cheats you unless they do something to pump up inflation above what they have signalled.
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