Comments by "andrew lines" (@andielines) on "The days when managing the economy is all about inflation should be over" video.

Can somebody explain to me EXACTLY how increasing the money supply/creating new money, decreases the value of the currency already in circulation. My guess is it doesnt and to think it does in just an assumption too far. Maybe when we had a gold standard that would clearly be true, but it doesn't work like that any more, and keep your explanations simple please.
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@foxmoongaze Nope.
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@foxmoongaze You're welcome.
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@p8700-z5q ". . . .When you expand the supply of money in circulation, it devalues the buying power of each unit. . . ." It would if we still adhered to a gold standard, but that doesnt happen now. If I'm wrong, please explain the process.
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