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Content
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Vitalik Buterin pfp
Vitalik Buterin
@vitalik.eth
Sorry, but no. Crypto people claimed the right to butcher the word "inflation" first, and we already decided that it now just means "increase in the total supply of a currency". https://x.com/axios/status/1794737808269070432
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Thumbs Up pfp
Thumbs Up
@thumbsup.eth
And Bitcoiners butchered deflation to mean “not increasing any further, starting in about a century, and maybe losing the occasional seed phrase on a boating accident”
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links 🏴 pfp
links 🏴
@links
Inflation refers to blowing up a balloon. What you’re talking about is outflation
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binji 🔴 pfp
binji 🔴
@binji.eth
cognitive distortion at its finest obfuscation is how power is maintained hence why transparency for the powerful, privacy for the weak is such a strong and important concept when creating a more equitable system
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horsefacts pfp
horsefacts
@horsefacts.eth
Let me stop you right there
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Hunter Horsley pfp
Hunter Horsley
@hunter
hahaha “Inflation” has been repossessed
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William Saar pfp
William Saar
@saarw.eth
That's the original meaning according to the Cleveland Fed
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Ese 🌳 pfp
Ese 🌳
@esss
I mean it’s what’s really happening, if the usd was a memecoin it would be full of red ticks on dextools
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MattwithouttheT 🎩 pfp
MattwithouttheT 🎩
@mathew
But they don’t want the common person to know that the reason prices are so high, is because their supply increases made the dollar less valuable.
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Spaceman Spiff 🎩🍖 pfp
Spaceman Spiff 🎩🍖
@spaceman-spiff
Yeah, are taking the inflation meme back!
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I'm A Cat. No Proofs pfp
I'm A Cat. No Proofs
@ebiddqd
Sorry, but no. I've come here for money
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mati pfp
mati
@ooxxx
increase in the total supply of a currency
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millz.⌐◨-◨ pfp
millz.⌐◨-◨
@millz.eth
"Inflation is a gradual loss of purchasing power, reflected in a broad rise in prices for goods and services over time" - Investopedia Even with a fixed money supply, an increased demand for scarce goods and services would indeed be inflationary.
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not parzival pfp
not parzival
@shoni.eth
i feel this is a bit disconnected from normal people and the non-increase in pay they’ve faced during an increase in money supply. just high prices to them
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K pfp
K
@kijijij
Inflation is rate of increase for most useful items for livelihood. Increasing currency supply affects but if you print money to pay foreign debt should not affect local prices.
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satoshiseeker998 pfp
satoshiseeker998
@satoshiseeker998
😉 😉 😉
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Angello3303 pfp
Angello3303
@angello3303
🎭
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Hsheji pfp
Hsheji
@huyangbaofu
My god
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incryptted pfp
incryptted
@incryptted
😓😓
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Neha Yadav pfp
Neha Yadav
@devilno
Thanks
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