Why Nostr? What is Njump?
2024-11-05 03:27:42
in reply to

Heiner on Nostr: Prices going down due to other factors than a shrinking money supply is not ...

Prices going down due to other factors than a shrinking money supply is not "deflation".
Look, decent houses used to cost 200-500US$ in the 1790s. That the prices STILL havent come down implies a shit currency. Any real currency, prices go down unless your economy is shit AND you have no technological advancements.
Trump had like 100% inflation in a single month when he printed those stimulus checks while giving out forgivable loans.
You are now starting to see the rising prices due to that, not fully but its starting.
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