I think when people are talking about currency, inflation is referring to monetary inflation, not balloon inflation or price inflation. It’s the context that matters.
“Monetary Inflation is an increase in the money supply which generally results in price inflation. This acts as a “hidden tax” on the consumers in that country and is the primary cause of price inflation.”
Bitcoin fixes that.
volition /
npub13j…f9tpq
2024-09-24 10:00:19
in reply to nevent1q…ugr2
Author Public Key
npub13j3ytpun0z7ees4nuvpjl8yaw0c7eprpyxxw3sausp48szz62tpq6f9tpqPublished at
2024-09-24 10:00:19Event JSON
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"content": "I think when people are talking about currency, inflation is referring to monetary inflation, not balloon inflation or price inflation. It’s the context that matters. \n\n“Monetary Inflation is an increase in the money supply which generally results in price inflation. This acts as a “hidden tax” on the consumers in that country and is the primary cause of price inflation.”\n\nBitcoin fixes that.",
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