# content
From a pure economics POV, yes, 100%.

Bad tools like debasement do have political uses for the political class, though. Some of them aren't even entirely harmful. Debasement/depreciation is one of very few mechanisms by which politicians can quickly address price overhang, for example, in the valuation of both consumer goods and capital assets.

# _misskey_content
From a pure economics POV, yes, 100%.

Bad tools like debasement do have political uses for the political class, though. Some of them aren't even entirely harmful. Debasement/depreciation is one of very few mechanisms by which politicians can quickly address price overhang, for example, in the valuation of both consumer goods and capital assets.