Putting that much money into circulation would cause hyperinflation and then a gallon of milk would cost 10 quintillion dollars and you’re back to square one.
Right… if one person owns a quadrillion dollars but doesn’t spend it there is no inflation. They’d just spend a billion here… a billion there… buying up all those midsized businesses or swathes of land.
Putting that much money into circulation would cause hyperinflation and then a gallon of milk would cost 10 quintillion dollars and you’re back to square one.
>Putting that much money into circulation would cause hyperinflation
so dont circulate it.
Right… if one person owns a quadrillion dollars but doesn’t spend it there is no inflation. They’d just spend a billion here… a billion there… buying up all those midsized businesses or swathes of land.