Re:A $100k Prize for a Decentralized Inflation Dashboard
by lottin on Thursday August 05, 2021 @11:24PM
(#28082982)
To be clear, inflation is not a function of money printing. For example, under metallic standards (so no money printing), countries would experience inflation or deflation as a result of trade imbalances (because a trade deficit leads to a net outflow of precious metals, and vice-versa).
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Re:A $100k Prize for a Decentralized Inflation Dashboard
by anythingdude321 on Thursday August 12, 2021 @12:23PM
(#28158241)
metallic standards often had debasement (that's why it's called debasement). but also no one is arguing that inflation is a function of ONLY money printing, but no one can argue that money printing is not one of the inputs that determines inflation