Jonah asked in Social ScienceEconomics · 1 month ago

Could Jeff Bezos or Bill Gates spend a large portion of their billions over a short period and cause hyperinflation? ?

3 Answers

  • 1 month ago

    No, because even their wealth is tiny compared to how much money there is in the world economy.

  • Oiy
    Lv 6
    1 month ago

    no, to do that it has to increase money supply. Only the FED can do that when the Treasury has printed more dollars. Jeff and Bill can spend only money already in circulation.

  • 1 month ago

    US GDP last year was over $21 trillion, chucking a few billion into that won't even make a ripple.

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