this post was submitted on 12 Oct 2024
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You could always just make something below cents and make 1 cent = 1 billion of that thing. So $1 would be equivalent to like 10 billion dollars. Granted, somehow you'd have to invalidate existing currency and push that type of policy in a political environment that is able to pass a constitutional amendment to prevent wealth accumulation. So, it couldn't possibly be that extreme.
Like you say, you'd need to completely rehaul the entire existing currency.
I think you know that's not reasonable.