Gork@lemm.ee to Lemmy Shitpost@lemmy.world · 8 months agoThat's some big inflationfiles.catbox.moeimagemessage-square90fedilinkarrow-up10arrow-down10
arrow-up10arrow-down1imageThat's some big inflationfiles.catbox.moeGork@lemm.ee to Lemmy Shitpost@lemmy.world · 8 months agomessage-square90fedilink
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkarrow-up0·8 months ago The supply demand is for a single item Exactly, and the single item in this case is the US dollar. Increase the (money) supply and it’s value goes down relative to everything else. Inflation is a function of the fiat currency it references, not the goods that currency buys.
Exactly, and the single item in this case is the US dollar. Increase the (money) supply and it’s value goes down relative to everything else.
Inflation is a function of the fiat currency it references, not the goods that currency buys.