2 ms·

It's inflation when dollar is the currency.

• jollybean 5y ago
  It's neither inflation nor deflation. If it were used as a currency, we might start using this kind of language, but it's not a currency. It's a number that people people make speculative guesses on how much other people are willing to pay for it. That's it. It has no intrinsic drivers, just pure speculation on the whims of other major holders and how the crowds might react.
  • cudgy 5y ago
    “It's neither inflation nor deflation.” True, it is speculation.