Re:MasterCard to open up network to cryptocurrencies
by ForHackernews on Thursday February 11, 2021 @01:30PM
(#26105310)
That's not a measure of inflation, it's just a measure of money supply.
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Re:MasterCard to open up network to cryptocurrencies
by georgeplusplus on Thursday February 11, 2021 @02:11PM
(#26105790)
inflation is defined as expansion or contraction in the money supply
Re:MasterCard to open up network to cryptocurrencies
by ForHackernews on Thursday February 11, 2021 @02:13PM
(#26105810)
https://www.investopedia.com/terms/i/inflation.asp
> Inflation is the decline of purchasing power of a given currency over time.
https://www.economicshelp.org/macroeconomics/inflation/defin...
> A more exact definition of inflation is a sustained increase in the general price level in an economy. Inflation means an increase in the cost of living as the price of goods and services rise.
https://www.economicsonline.co.uk/Definitions/Inflation.html
> Inflation refers to a rise in the average level of prices sustained over time, which also corresponds to a fall in the internal (domestic) purchasing power of money.