4 ms·
If you define inflation as the devaluing of the currency, it doesn't really.... The mechanism by which a currency loses value matters little.
by danielmarkbruce 4y ago
If you define inflation as the devaluing of the currency, it doesn't really.... The mechanism by which a currency loses value matters little.
- mike741 4y agoI agree with that definition of inflation, so how hasn't it prevented inflation? Has the supply of bitcoins ever deviated from the intended rate? If it hasn't deviated from that rate then the supply, and thus the involuntary component of inflation, has been successfully kept under control.