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2024-08-03 14:24:41

Taking Care of Bitcoin on Nostr: Inflation is an increase in the money supply. Rising prices are merely a symptom of ...

Inflation is an increase in the money supply. Rising prices are merely a symptom of inflation.

Remember this when they blame inflation on the supply chain, or Putin, or greedy corporations.

As Milton Friedman said, "Inflation is always and everywhere a monetary phenomenon."
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