Re:Ethereum Proof of Stake FAQ
by rothbardrand on Saturday August 19, 2017 @06:23PM
(#15055967)
False. Inflation is as an economic term, the issuance of currency.
Pretending like it's a measure of the price of goods is a political (not economics) tactic used by governments to obscure it-- because the price of goods are affected by other things--like increases in productivity, lower cost goods from overseas and the like.
Pretending like it's a measure of the price of goods is a political (not economics) tactic used by governments to obscure it-- because the price of goods are affected by other things--like increases in productivity, lower cost goods from overseas and the like.