If inflation is purely a greater supply of currency within the system and has nothing to do with prices themselves, then "deflation" cannot be used to accurately describe what is taking place when prices fall.
In other words, "deflation" would simply mean a smaller supply of currency, not falling prices.
What am I missing here?
Invictus /
npub1eu…nse9j
2024-09-23 13:11:00
Author Public Key
npub1euju90la0fze3sw0zmfw2rk9eg37s345umw8guu69k2eul2an0ws7nse9jPublished at
2024-09-23 13:11:00Event JSON
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"content": "If inflation is purely a greater supply of currency within the system and has nothing to do with prices themselves, then \"deflation\" cannot be used to accurately describe what is taking place when prices fall. \n\nIn other words, \"deflation\" would simply mean a smaller supply of currency, not falling prices. \n\nWhat am I missing here?",
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