4 ms·
Why would there be zero percent inflation, if the money supply doubled?
by hyperliner 10y ago
Why would there be zero percent inflation, if the money supply doubled?
- zamfi 10y agoAt the risk of being simplistic, because so did the "stuff" supply. Inflation is when the money supply increases without the stuff supply increasing, so each dollar is worth less stuff.
- susan_hall 10y agoIt is worrisome that the posts which are factually accurate are getting downvoted. This raises a question about economic literacy on Hacker News. Presumably the people downvoting this comment simply don't understand how the economy works.