Semi-serious question, what if instead of inflation, there was a cap on how much money one person/entity could have? (Don’t ask me how we’d manage that though, just go with it)
It would encourage people to spend when they’re at or near the cap since they won’t be able to get any more. It would also discourage excessive saving for the same reason.
This was inspired by me wondering why Link can only have a certain amount of rupees at a time, depending on the size of his wallet
Semi-serious question, what if instead of inflation, there was a cap on how much money one person/entity could have? (Don’t ask me how we’d manage that though, just go with it)
It would encourage people to spend when they’re at or near the cap since they won’t be able to get any more. It would also discourage excessive saving for the same reason.
This was inspired by me wondering why Link can only have a certain amount of rupees at a time, depending on the size of his wallet