[QUOTE=Also JPG can be lossy, but only if you save the same JPG file multiple times.[/QUOTE]
I'm not even sure this is true. I've tried saving a photo as a jpg at 85%. Deleted the original, loaded the new one. Saved again.
Repeated this step 10 times.
Putting the original alongside the 10th saved copy I can't see any difference, can you?
I believe the way jpg compression works is it looks for areas of similar colour and changes that block of pixels to a single colour. So I imagine having this done once leaves little leeway to have it done again on subsequent saves.
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