Subnostr

Always be careful to not use "inflation" interchangeably with "CPI".

They are not the same thing. CPI is whatever you are told it is, completely disconnected from price inflation, and calculated however they want in a way you CANNOT VERIFY.

Also, "inflation" means growth in MONEY QUANTITY, nothing to do with prices, so use "price inflation".

Undoing the scam involves spreading correct information - fixing the language corruption can help somewhat.

Do not do blind superficial research on the definition of "inflation" - you will get scammed.

Study Austrian Economics, the only correct economics which has successfully been censored.

https://www.amazon.com/Choice-Cooperation-Enterprise-Human-Action/dp/1598132180

Reply to this note

Please Login to reply.

Discussion

Toxic Bitcoiner 1y ago

PAUL HODL 🍿 1y ago

Prices rise and fall.

Inflation is the expansion of the money supply.

Jake Woodhouse 1y ago

On the “to read” list. No doubt studying Austrian Economics has been a massive lever to improve my life. It actually makes sense…

As someone with a University degree from a decent business school, it’s mind-blowing I’d never heard about it until Bitcoin forced me to look at it

💪🏻

Parman - Activate OP_GFY now!! 1y ago

Nice. I highly recommend starting with this one, as the language and prose is far easier to absorb than the classics

Jake Woodhouse 1y ago

Cool. I need that

Had Human Action been ready and waiting for a while…

BIG commitment

Need to get it done though

OceanSlim 1y ago

Basically 100%