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Let's say inflation is at 0%. Then McDonalds decides to double all of their prices for no reason other than that they want more money. Measured inflation will n
by UncleMeat 4y ago
Let's say inflation is at 0%. Then McDonalds decides to double all of their prices for no reason other than that they want more money. Measured inflation will now be greater than 0%. Was that the government stealing money from you?
Money creation is part of the story of inflation, but it isn't the end of the story.