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> since coins are incredibly deflationary What a strange take. Would you describe any other currency which was actively being minted, such that the total quant
by samatman 5y ago
> since coins are incredibly deflationary
What a strange take. Would you describe any other currency which was actively being minted, such that the total quantity was increasing, as "deflationary"?
That sounds like inflation to me. What you mean, perhaps, is that the market is buying these assets higher over time, even though the total supply is increasing?
Shame that undermines your shallow and incorrect analysis of the dynamics at work.
- shkkmo 5y agoInflation is a market wide increase in prices and has no direct relationship to monetary supply.