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Why are “demand and supply driven price increases” considered inflationary? Isn’t it just… prices?
by MattDamonSpace 2mo ago
Why are “demand and supply driven price increases” considered inflationary?
Isn’t it just… prices?
- applfanboysbgon 2mo agoIt's inflationary because this demand is backed by Monopoly money. OpenAI is promising to buy half the global supply of RAM with money they don't actually have, pricing out people who would like to make purchases with real money and not $1 trillion in debt.
- odo1242 2mo agoAny price increase can be considered inflationary. They usually don’t come down by all that much
- pkulak 2mo agoPrices rising is inflation.
- tripleee 2mo agofrom what I understood it, at least originally, was used to mean monetary inflation https://en.wikipedia.org/wiki/Monetary_inflation https://en.wikipedia.org/wiki/Monetary_inflation
- inigyou 2mo agoNo, that's copium from libertarians. I don't have an issue from them also using the word inflation to describe something getting bigger, but it's different from prices going up, which is the definition of inflation.
- Dylan16807 2mo agoIt's inflationary when the effect is big enough to have a meaningful impact on the price of the average good.