|
|
|
|
|
|
by JumpCrisscross
2913 days ago
|
|
|
> This is an oft-repeated falsehood Inflation is a measure between real goods and services on one hand and a single unit of a currency on the other. It is not a measure of money supply. (For that we say “money supply”.) Money supply increases tend to be inflationary. But that’s not a hard and fast rule. Bitcoin’s money supply is increasing, but on average it’s been deflating. |
|
|