3 ms·
> What do you mean by "number of dollars approximately doubles in 2"? I think OP was talking about monetary inflation. We nearly double the money supply so it
by hartator 5y ago
> What do you mean by "number of dollars approximately doubles in 2"?
I think OP was talking about monetary inflation. We nearly double the money supply so it should translate to a nearly double price inflation.
- dlp211 5y agoThat is not how inflation works.
- hartator 5y agoAll thing being equal. 2x monetary supply should translate to 2x price inflation. It’s literally how inflation work. The reason we don’t have that’s crazy inflation is not everything is equal. Mostly at natural the economy should deflate right now.