0 sats \ 4 replies \ @Undisciplined 21 May \ parent \ on: It's worse than you think - Vox Popoli econ
The original meaning of “inflation” was money creation, so you are not correct about that.
The entire Austrian Economics tradition still uses the term in its original meaning.
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21 sats \ 3 replies \ @didiplaywell 21 May
I didn't say that inflation isn't creating money, I said that the expression is incomplete! I vow for the Austrian principles.
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0 sats \ 2 replies \ @Undisciplined 21 May
Sorry, I misunderstood your point.
It would still be correct to say that printing money is inflation, but it's only one form of it.
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21 sats \ 1 reply \ @didiplaywell 21 May
What you mean with "one form of it"?
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20 sats \ 0 replies \ @Undisciplined 21 May
Money can be created either by directly printing it or through creation of new debt.
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