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Joined 1 year ago
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Cake day: June 13th, 2023

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  • “printing” money happens very very often. The US constantly prints money AND increases it’s debt yet the dollar stays strong. You have to remember value of a currency is imaginary, it’s just a contract where we agree X is X and Y is Y.

    While yes you can devalue a currency by printing money, you can also increase its value by strengthening the system it’s printed into. If we print money to build and improve, the UK becomes more desirable and therefore it’s currency more valuable despite it’s increased monetary supply.

    It’s alot more complicated than Print more worth less. Hell I expected high inflation after COVID due to increased printing, and while inflation did happen, it was not for that reason, it was pure greed.


  • This is just anecdotal, but as someone who both drives and cycles in the UK, I’d say it’s city dependent. I live in Leeds, go to uni in Leeds and work in Huddersfield. I cycle to uni, cycle to the train station and drive to work (when I can’t get a train for whatever reason). Leeds is getting there, albeit slowly but it’s getting alot better for cyclists. I like the electric bicycle scheme so I can cycle to the station and just leave the bike there. although it shouldn’t be more expensive than getting a bus.