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by scott_w 607 days ago
Not true. Inflation is defined as the increase in the cost of goods. This can come about by an increase in money supply, a reduction in demand for the money that exists, a restriction in supply of certain goods or an increase in the demand for enough key goods. I’m not an economist so I’m sure one could come up with more examples.
1 comments
carlosjobim 607 days ago
No, inflation is only because of an increase in the money supply, which is increased by lending in modern economies. Rulers will make false definitions and false measurements in order to try to hide this. Just as Roman emperors would debase the metal in their currency and demand that people treated the money as pure. But the truth is still the truth, no matter the lies.
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throw0101c 607 days ago
> No, inflation is only because of an increase in the money supply

Japan increasing its money supply but having long stretches of low inflation (and even deflation) for the last ~twenty years:

* https://fred.stlouisfed.org/graph/?g=1680i

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scott_w 607 days ago
Actual economists and monetary policy staff disagree with you:

1. HBR: https://hbr.org/2022/12/what-causes-inflation

2. IMF: https://www.imf.org/en/Publications/fandd/issues/Series/Back...

3. Reserve Bank of Australia: https://www.rba.gov.au/education/resources/explainers/causes...

4. The Bank of England: https://www.amazon.co.uk/Cant-Just-Print-More-Money-ebook/dp...

Shall I continue?

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carlosjobim 607 days ago
The pope says he's appointed by God. So it must be true...

Your sources are as truthful about inflation as asking any general if he's fighting for the good side of a war.

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scott_w 607 days ago
> The pope says he's appointed by God. So it must be true...

Carlos Jobim says he’s the expert on finance and monetary policy so it must be true. He doesn’t need things like evidence, experts, research or data. His word is the truth.

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carlosjobim 607 days ago
Your sources are organizations that derive all their power from inflating the monetary supply. They have reason to lie always.
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scott_w 607 days ago
I think you need to get off r/Superstonk and return to the real world.
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