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by BallyBrain 2285 days ago
In reply to nl. Actual inflation is the expansion of the money supply and there has been a vast expansion in it since 2008.

Where that extra money supply ends up going, is where the inflation is.

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"Inflation is a quantitative measure of the rate at which the average price level of a basket of selected goods and services in an economy increases over a period of time. It is the constant rise in the general level of prices where a unit of currency buys less than it did in prior periods"

https://www.investopedia.com/terms/i/inflation.asp

If you think he's using some alternative definition then you'll need to explain how silver protects against it.