Well FWIW Austrian theory would disagree...

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  "content": "Well FWIW Austrian theory would disagree... \n\nWhile it might reduce some investment, one could argue that the investments that are being made with a Fiat monetary policy will inherently lead to booms and busts due to malinvestments.\n\nThe other side of the \"coin\" is that it would enhance living standards, as savings become more valuable. People are still going to spend on consumption goods, charity, etc...",
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