Could Jeff Bezos or Bill Gates spend a large portion of their billions over a short period and cause hyperinflation? ?
- nineteenthlyLv 71 month ago
No, because even their wealth is tiny compared to how much money there is in the world economy.
- OiyLv 61 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.
- Mark IXLv 71 month ago
US GDP last year was over $21 trillion, chucking a few billion into that won't even make a ripple.