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We should redenominate the dollar. When you do this, you essentially create a "new dollar" or a "Dollar 2.0." You could make 1 new penny equal exactly to 1 old dollar. No currency is actually rendered worthless and no new inflation occurs. Just a relabeling to make things more convenient. Really this is the kind of thing we should do as a matter of course every century or so.
This is literally one of the most highly regarded ideas you could have, economy wise
Up there with price controls, increasing minimum wage monthly by decree, increasing taxes just for the lolz, printing money to fund domestic spend and random companies expropriations
Look how it went for Venezuela, ArgentinaLMAO 🤣
I have no sides and I must KEK
so is there an approach you wouldn't dance around the R word to describe?
Is that specifically so Scotcheggsx2 can be 89p again? I’m on board with if it is.