aucheinervonnebenan on Nostr: Language, words and their meaning are important. It's nice that there are different ...
Language, words and their meaning are important. It's nice that there are different meanings for "inflation" in German.
While "Inflation" in the true sense means the expansion of something, in the monetary sense the expansion of the money supply, "Teuerung" is the right word for increasing prices.
In English it's the same word for both.
Whenever I talk to someone about increasing prices I try to use "Teuerung".
Most of them understand "Teuerung" because they have experienced it.
Fewer understand "Inflation" when you talk about the money supply.
Everyone understands why "Inflation" leads to "Teuerung" in the long term.
You can exit "Inflation" that leads to "Teuerung" by hodling the hardest asset.
While "Inflation" in the true sense means the expansion of something, in the monetary sense the expansion of the money supply, "Teuerung" is the right word for increasing prices.
In English it's the same word for both.
Whenever I talk to someone about increasing prices I try to use "Teuerung".
Most of them understand "Teuerung" because they have experienced it.
Fewer understand "Inflation" when you talk about the money supply.
Everyone understands why "Inflation" leads to "Teuerung" in the long term.
You can exit "Inflation" that leads to "Teuerung" by hodling the hardest asset.