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by gruez 1985 days ago
>The most used measuring stick is the CPI, which (1) does not include e.g. assets

Why does this matter? If your cost of living stays the same but TSLA/BTC jump up 10x why should that count as inflation?

1 comments

Simple: this state of affairs is only possible when consumer products and necessities are not scarce.

When scarcity comes into play, well, then it does not matter whether the dollars you are competing with come from the "real economy" or bitcoin. Prices will shoot up.