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Re:The hyperinflation gallery by WalterBright on Monday September 19, 2022 @01:29PM (#32901299)
What your argument doesn't account for is where does the money come from to enable a general price increase?

> A demand for zero inflation is a demand that $1 now and $1 in a decade should buy you the same amount of gas, which .. will not continue forever.

Gas prices do not cause extra money to be printed.

Re:The hyperinflation gallery by pjc50 on Tuesday September 20, 2022 @05:57AM (#32909755)
It doesn't actually require extra physical printed money? Have you heard of "petrodollar recycling?"

The money can come from a shift in the debt/savings profile, in the reallocation of business investment, or a shift in the demand for speculative assets. It's not really a coincidence that as the fuel price has gone up the gold price has gone down not up: https://goldprice.org/gold-price-history.html

There's a big spike around 2020 for inflation fears, but the gold price doesn't track the price level numbers in ways that hard money fans want it to.