TEB2048 on Nostr: Inflation is increasing prices. You could increase the supply of money, by creating ...
Inflation is increasing prices. You could increase the supply of money, by creating money out of thin air, and still have prices go down (deflation), if productivity gains increased production more than the increase in money supply. Unfortunately that is rarely the case.
Published at
2024-05-20 02:40:13Event JSON
{
"id": "5729c8d12975c33e3d08083da76a3fe35f652c565c408a9ab0b3c6d468ca8966",
"pubkey": "8c8e28ca1324bcf365df74465686b6651bf7e3095b146f249f8b3cc8889ed742",
"created_at": 1716172813,
"kind": 1,
"tags": [
[
"e",
"625e9ca2d13e0c461b449f143ebda71528424dbd88fe69e7eaf5dd7b8918ba18",
"wss://nostr.thesamecat.io",
"reply"
],
[
"p",
"c48e29f04b482cc01ca1f9ef8c86ef8318c059e0e9353235162f080f26e14c11"
],
[
"e",
"625e9ca2d13e0c461b449f143ebda71528424dbd88fe69e7eaf5dd7b8918ba18",
"wss://nostr.thesamecat.io",
"root"
]
],
"content": "Inflation is increasing prices. You could increase the supply of money, by creating money out of thin air, and still have prices go down (deflation), if productivity gains increased production more than the increase in money supply. Unfortunately that is rarely the case.",
"sig": "3b182e8b2632011c9d7caabd9f205e6a598f5d5c509ed613f810eb6c19eb5acb3e2eb5c67317a000d1811deae545247f701c27573c2202d953d7853116caf1ff"
}
