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Always remember, inflation is the goverment printing (inflating) currency to the market in order fund it's agenda by stealing your savings. Basicaly inflation i
by batushka3 5y ago
Always remember, inflation is the goverment printing (inflating) currency to the market in order fund it's agenda by stealing your savings. Basicaly inflation is just another process how government steals your money. Inflation is NOT rising prices, they are trying hard to derail the definition.
- rattlesnakedave 5y agoI agree with this. However, it becomes difficult to argue when definitions are shifting under you: https://www.wsj.com/amp/articles/SB10001424052748703730804576319173360183278 https://www.wsj.com/amp/articles/SB1000142405274870373080457...
- zthrowaway 5y agoTrue. If the government cannot tax you for what they want, they will just print it and increase the water level of the economy. These trillion dollar packages put forth by politicians probably aren’t helping either.
- DethNinja 5y agoInflation can also happen when a country’s productivity falls compared to other competing countries.
- argentinian 5y agoIf you want to see how this work, look at Argentina. Here politicians are always trying to find something else to blame for inflation: international prices increase, supply chain problems, monopolies trying to destabilize the economy, commodity prices that increased due to bad weather, the "greed" of businessmen, and any kind of nonsense. They always try to remove responsibility for the increase of money supply they dictate. Don't be like Argentina, keep a healthy economy. Really, I don't understand how in this site, where so many intelligent people participate, there are so many comments about trying to disregard the link between inflation and money supply.
- TremendousJudge 5y agoAs somebody also from South America, seeing people from the US having to come to grips with the idea of inflation is cute.
- deano2718 5y agoNo - inflation is % change in CPI. It literally is the percent change of a collection of prices. The reasons why prices might change is not part of the definition of inflation.
- tmn 5y agoLol inflation existed millennia before the CPI
- bwestergard 5y agoInflation has always been defined as a rise in the general price level. Consult any economics textbook or econometrics monograph in the 20th century. "inflation is the goverment printing (inflating) currency to the market in order fund it's agenda by stealing your savings" You are summarizing a policy theory called "monetarism" and presenting it as the consensus theory that is only now being departed from. This is inaccurate. https://en.wikipedia.org/wiki/Monetarism https://en.wikipedia.org/wiki/Monetarism
- xapata 5y agoIf we're getting all theoretical: On the other hand, your money and property wouldn't exist if the government didn't declare it so. Was it ever really yours?
- captainredbeard 5y agoYes. My family has been free for 20+ generations and will continue without relying on anyone or anything's permission.
- xapata 5y agoAmazing! I'm surprised you're able to use the internet under those conditions.
- colinmhayes 5y agoYou don't own the definition of inflation. I agree that it's confusing that economists and laymen use the word differently, but the vast majority agree that inflation is defined by increases in price.
- jcfrei 5y agoLeaving your attempt to redefine inflation aside - no government forces you to hold your savings in cash. If you are afraid of inflation just buy other assets. Governments are much more constrained in "stealing your money" than you make them out to be.
- landemva 5y agoI am glad I put most of my investments and cash into btc under $1000. I can peacefully go about my life with a currency which gains purchasing power. There is still plenty of time to opt out of government fiat money. Get off zero or HFSP.
- casi18 5y agobuy other assets, which then "increase in value" compared to $ prices and then you get charged on capital gains.
- chrisjc 5y agoThe bastards have also been devaluing my debt.
- deleted 5y ago[deleted]