Memo SV
Toggle navigation
Home
Posts
Tokens
Topics
Profiles
Signup
Login
Create account
yoonski
replied
2358d
Share
Explore
Block Explorer (BSV)
Blockchair
WhatsOnChain
ViaWallet
BCHSVExplorer
TrashPosterInTheDark
This is not what inlfation actually is.
"In economics, inflation is a sustained increase in the price level of goods and services in an economy over a period of time."
https://en.wikipedia.org/wiki/Inflation
1
/ 2
Message
Cancel
Creating...
Broadcasting...
TrashPosterInTheDark
replied
2358d
Share
Explore
Block Explorer (BSV)
Blockchair
WhatsOnChain
ViaWallet
BCHSVExplorer
Who wrote that silly wikipedia article? Inflation is the increase of the money supply. Rise of prices is a symptom of it.
Message
Cancel
Creating...
Broadcasting...
yoonski
replied
2358d
Share
Explore
Block Explorer (BSV)
Blockchair
WhatsOnChain
ViaWallet
BCHSVExplorer
Inflation describes a phenomenon. Increasing the money supply is a monetary policy that causes inflation.
https://www.econlib.org/library/Enc/Inflation.html
Message
Cancel
Creating...
Broadcasting...