It has 0% to due with expectations and 100% due to supply of cash.
The Fed Chair can’t even explain why central banks rob at least 2%+ of your hard earned money every year. Parasites in suits. #Bitcoin fixes this.
https://video.nostr.build/c4a066fd411fbc3a0c0b96ecf6d09be90c1f51eaecb3ea71761ce4551c91a910.mp4
Discussion
100%? What about the supply of goods side of things? It seems to me that if there is decreasing supply (chickens laying eggs) of a good and demand is constant (people want to eat the same amount of eggs) then price will increase. Is there a different name for this type of increase than inflation? This is a genuine question on my part.
Not 100% in the short term, but long term inflation over the past 60 years is attributed primarily to increased money supply in the US.