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Because it’s still true that inflation = money creation = making everyone poorer.

• lazide 2y ago
  It doesn’t necessarily mean making everyone poorer, when population is increasing and there are significant increases in actual economic output. In fact, in those situations it’s necessary to increase the money supply to avoid deflation and other issues, as the existing folks with money/resources otherwise just have to sit on their hands and squeeze everyone else to get rich. In an actual growth environment, Printing more money keeps everyone roughly the same level of poor/rich overall. The issue is when population is decreasing or actual economic output is decreasing, but rather than withdrawing money to compensate, more money is printed to try to keep the graph going up and to the right. IMO that has been an ever increasing trend since around the 90’s in the US.
• _heimdall 2y ago
  That still depends on which inflation your talking about. Monetary inflation = money creation by definition. Whether that makes everyone poorer depends on other factors though, like how the money enters the money supply and what current market dynamics are. Price inflation doesn't equal money creation though. Printing money can cause price inflation, but other things can as well. Printing money too slowly relative to the economy could actually not keep up, prices can fall even though the money supply increase. There may be a corner case or two, but I do pretty much agree though that price inflation makes everyone poorer.