4 ms·
Totally wrong definition of inflation. Inflation of money supply is a driver of higher prices. But inflation is not higher prices themselves. Inflation is sam
by kangaroozach 6y ago
Totally wrong definition of inflation. Inflation of money supply is a driver of higher prices. But inflation is not higher prices themselves. Inflation is same as debasing currency and stealing purchasing power from the people. It’s a stealth tax and a trick. Can’t work forever.
- imtringued 6y agoThe problem with deflation is that it literally can last forever.