Upon inception it was set at $0.25. It is now $7.25.

you are viewing a single comment's thread
view the rest of the comments
[–] 19 points 3 years ago

Inflation is important because it punishes the hoarding of wealth and encourages spending. When investments grow greater than inflation but wages grow slower, it's problematic because the investing class is rewarded for having money while the working class is punished.

  • source
  • parent