The Coin Files on Nostr: NO! Don't let them fool you and gaslight you. #Inflation is caused by the expansion ...
NO!
Don't let them fool you and gaslight you.
#Inflation is caused by the expansion of the money supply and deficit spending.
When you create money out of thin air, goods don't magically get created.
The result is more money in the system for the same amount of goods.
Put simply, if you double the money supply and the amount of goods remains the same, the price of these goods doubles.
Don't fall for the narrative. It's not your fault, it's THEIRS.
#Bitcoin is the solution to inflation.
https://www.theatlantic.com/ideas/archive/2023/12/inflation-prices-buying-habits/676191/?taid=656a1f435c7c740001a9cc57&utm_campaign=the-atlantic&utm_content=true-anthem&utm_medium=social&utm_source=twitter
Don't let them fool you and gaslight you.
#Inflation is caused by the expansion of the money supply and deficit spending.
When you create money out of thin air, goods don't magically get created.
The result is more money in the system for the same amount of goods.
Put simply, if you double the money supply and the amount of goods remains the same, the price of these goods doubles.
Don't fall for the narrative. It's not your fault, it's THEIRS.
#Bitcoin is the solution to inflation.
https://www.theatlantic.com/ideas/archive/2023/12/inflation-prices-buying-habits/676191/?taid=656a1f435c7c740001a9cc57&utm_campaign=the-atlantic&utm_content=true-anthem&utm_medium=social&utm_source=twitter