Former President Trump is projected to win the presidency

Re:Former President Trump is projected to win the presidency by losvedir on Wednesday November 06, 2024 @04:36PM (#42069813)

Do you have a source? I've only ever seen it defined the traditional way. Besides, you can increase the money supply and not get inflation (defined the usual way). Inflation happens when the money supply increases more than the economy needs.

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Re:Former President Trump is projected to win the presidency by seanmcdirmid on Wednesday November 06, 2024 @04:57PM (#42070113)

Inflation happens when money supply increases more than the value of the goods that you can purchase with that money supply. It isn't about needs, but things that can be bought, especially those with limited supplies like housing.

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Re:Former President Trump is projected to win the presidency by paulryanrogers on Wednesday November 06, 2024 @10:34PM (#42073101)

So if money supply stayed the same but a crisis reduced the supply of goods, while demand increased, then those raising prices are ... not inflation?

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Re:Former President Trump is projected to win the presidency by seanmcdirmid on Thursday November 07, 2024 @01:22AM (#42073973)

Say Price = Money supply / value of goods

If price goes up then inflation, if price goes down then deflation. If value of good goes down and money supply stays the same, inflation.

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