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> People incorrectly assume inflation means "the price of everything goes up". Because they've spent a few generations making sure people don't understand the
by UncleEntity 6y ago
> People incorrectly assume inflation means "the price of everything goes up".
Because they've spent a few generations making sure people don't understand the difference between price inflation and monetary inflation by using the two interchangeably.
This whole sub-thread is a perfect example, "the Fed has been printing money like there's no tomorrow but, look, there's only 0.44% inflation".