/biz/ - Business & Finance

XMR bro’s we’re actually gonna make it aren’t we?
Like 1 million current value USD per XMR in 2030

So when I borrow money from the bank (with BANK interest), the bank borrows the money from the fed (with FED interest), then I pay the money back to the bank, the bank pays the FED back, the FED destroys all the money (with interest), and the bank earns on the extra BANK interest?

So money in circulation goes down, because FED destroyed more money due to the extra FED interest rate?

This is how rate hike stops inflation?