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I think in the shorter term innovation does influence inflation a little bit. Like the article stated, if a product is new and offers some uniqe benefit everybody will want to buy it and that will drive demand up. Like first automobiles, internet, cellphones. Probably not a huge influence but not negligible.


The demand of digital cameras is down with new iPhone. Someone buy one new thing and do not on other, this is inflation neutral.


Yeah. I was thinking more about some things that are completely new. My examples aren’t the best.


Counting large sums of cash on a regular basis can be pretty time-consuming. So I created this money counter that can help get through this tedious task much faster. It works by adding up the total value of bills and coins. I plan on adding more currencies in the future.

I hope you find this useful in your day-to-day lives. Let me know what other currencies you'd like to see added.


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