They started by ceasing the production of coins in 2020. I still recall how peculiar that was due to a “virus” smh. Currency scarcity is a strategy to accomplish:
As you state, a limitation to velocity of money. This reduces in inflation experienced from stimmies.
A push for a digital currency and the power and control that entails for the state.
There’s been a number of peculiar things that have happened that all seemed to serve the purpose of showing the velocity of money. For instance, trade restrictions and animal cullings focused on preventing commerce moreso than disease.
They started by ceasing the production of coins in 2020. I still recall how peculiar that was due to a “virus” smh. Currency scarcity is a strategy to accomplish:
There’s been a number of peculiar things that have happened that all seemed to serve the purpose of showing the velocity of money. For instance, trade restrictions and animal cullings focused on preventing commerce moreso than disease.