4 ms·
Yes you are. Watch how i can simplify it for you... > The idea that inflation is anything other than an increase in the supply of money is an intentionally con
by mr_spothawk 5y ago
Yes you are. Watch how i can simplify it for you...
> The idea that inflation is anything other than an increase in the supply of money is an intentionally confounding theoretical device with no basis in reality.
- arcticbull 5y agoI mean it's straight-up wrong. The M2 supply in Japan tripled since 1990 and prices remained the same. Therefore your model is incomplete. If you have 1 burger that you'd pay $10 for, and someone makes a second burger, does that make each one worth $5? No, of course not.