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A comment on US inflation jumps to 31-year high amid global supply chain crisis. Parent comment

Re:US inflation jumps to 31-year high amid global supply cha... by hartator on Wednesday November 10, 2021 @11:18AM (#29176422)
> What do you mean by "number of dollars approximately doubles in 2"?

I think OP was talking about monetary inflation. We nearly double the money supply so it should translate to a nearly double price inflation.

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Re:US inflation jumps to 31-year high amid global supply cha... by dlp211 on Wednesday November 10, 2021 @11:46AM (#29176832)
That is not how inflation works.
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Re:US inflation jumps to 31-year high amid global supply cha... by hartator on Wednesday November 10, 2021 @12:08PM (#29177146)
All thing being equal. 2x monetary supply should translate to 2x price inflation. It’s literally how inflation work. The reason we don’t have that’s crazy inflation is not everything is equal. Mostly at natural the economy should deflate right now.
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