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> after the US federal reserve has quadrupled the amount of dollars in less than a year and then claimed only single digit inflation Inflation is a measure of
by petesergeant 4y ago
> after the US federal reserve has quadrupled the amount of dollars in less than a year and then claimed only single digit inflation
Inflation is a measure of how much things cost, not of how much money exists.
- awestroke 4y agoIf quadrupling a country's money does not cause runaway inflation, then there is something deeply wrong going on