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If money can just be created, which causes inflation by lowering the value of all dollars, newly printed and already in circulation. Then why wouldn't destroying a dollar be at least as good (in terms of the dollar's value) as printing is bad?

Who would "pay" for it?

No one needs to pay for it? You're creating more than $1 value for every $1 you destroy. Are you not?

E;

I thought it was obvious, I guess I gave you guys too much credit. I clearly don't mean the few physical dollars being the ones to be destroyed unless necessary (wear/ tear etc.) But (((digital))) dollars create through the many systems all behind (((fractional reserve))) etc.

If money can just be created, which causes inflation by lowering the value of all dollars, newly printed and already in circulation. Then why wouldn't destroying a dollar be at least as good (in terms of the dollar's value) as printing is bad? >Who would "pay" for it? No one needs to pay for it? You're creating more than $1 value for every $1 you destroy. Are you not? #**E;** I thought it was obvious, I guess I gave you guys too much credit. I clearly don't mean the few physical dollars being the ones to be destroyed unless necessary (wear/ tear etc.) But (((digital))) dollars create through the many systems all behind (((fractional reserve))) etc.

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[–] • 0 pt

Companies do it all the time by buying back their stocks, or purchasing large volumes of stocks as they come available. Generally, it pushes up the value of the remaining stocks in the market.

It's possible. Money is theoretical for the most part anyway. The Fed can move more of the reserve into bonds vs. cash, and that reduces the money supply. Or they can monkey with the rates. I'm not an expert by any means, and I think mostly they are just making crap up as they go, but you can lower the monetary supply without actually setting fire to stacks of dollar bills.

[–] • 1 pt

But that is based on fixed quantities. Dollars are fractional whereby others in turn are fractional. It's a giant pyramid scheme.