Canada’s great plan to solve inflation - printing cash?
(twitter.com)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (22)
sorted by:
Can't you further divide it or denominate it? Dollar to a dime. Dime to a penny. Penny to a half-cent.
I think they mean "literally" when they say "literally". As in, if a twenty dollar bill gets rolled into a joint and smoked to ash, they then and only then print a new twenty dollar bill. Dividing it wouldn't make a difference if no money existed. If every coin was melted for scrap, every bill shredded for bird cage liner, then they would need to mint more money.