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2023-02-22 20:48:12

₿ on Nostr: Definition of inflation late 1900’s: amount of paper vs gold, if prices rise it’s ...

Definition of inflation late 1900’s: amount of paper vs gold, if prices rise it’s the government/banks fault by default.
So they changed the definition of inflation to rising prices. Ever since if prices go up they can blame anything/anyone except their own money printing.
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npub1lf0mls46h84vp6ps6maez804v3s5jsp65ygjmlz0qpha34rnt86qdhrzx2