Thats inflation...

[Shlomi]

Inflation is killing Zimbabwe, thats what happened when you print too much money...

 

[atreides]

At least some folks can claim they were billionaires (in zim dollars?) at some point in their lives

Inflation is killing Zimbabwe, thats what happened when you print too much money...

 

[IlyaKEightSix]

Exactly why the war on poverty can never be won--or lost. In order for money to have value, it must be scarce.

 

[Bastian Gross]

Exactly why the war on poverty can never be won--or lost. In order for money to have value, it must be scarce.

The best way to be scarce is to be absent!

 

[bigbadwolf]

Exactly why the war on poverty can never be won--or lost. In order for money to have value, it must be scarce.

You are confusing scarcity of resources with the unequal distribution of these scarce resources.

 

[IlyaKEightSix]

You are confusing scarcity of resources with the unequal distribution of these scarce resources.

Don't get me started on the evils of equality of outcome vs. equality of opportunity. I'm a die-hard free marketeer, and could go on a tirade to shoot down that one line of yours. But that you can find on my blog.