Titcoin on nostr

“Structural inflation, the underlying cause is growth in the money supply on a sustained basis.. . If we see inflation on a persistent basis, it has to be because the money supply itself is also growing.” - @Lyn Alden w/ @walker

https://youtu.be/mHmREsy_pwU

leveler · 27w

The baseline of inflation is not zero. Maybe it should be. From a couple years back the USA started using a years back using a year of high inflation as baseline. Other countries use a different basket of goods. Inflation then is not absolute truth, but dependant on who measures it. Country A could ...