S!ayer on Nostr: It's the effect of short term inflation though. Inflation should be a steady moderate ...

It's the effect of short term inflation though. Inflation should be a steady moderate growth in line with mining and processing costs of certain materials, in particular gold.

But due to excess debt issuance that rate increases in the short term and alas price disparity happens, this often is short term and deviates back to the mean over time.

Innovative tends to defeat this, better processes, systems, input materials or substitutes leading to either new market entrants or entrenched products or services. Recession also helps.

This is economics 101 for bitcoiners.