This post has been de-listed
It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.
2,317
35% of the money supply never existed before 2020. Here is your inflation.
Author Summary
Theovercummer is
age
35
Image
Comments
[not loaded or deleted]
[not loaded or deleted]
No, inflation is purely a shift in the meeting point between willingness to sell and willingness to buy. Money supply is irrelevant.
Thatâs not how inflation worksâŚ
Author
Account Strength
90%
Account Age
1 year
Verified Email
Yes
Verified Flair
No
Total Karma
14,108
Link Karma
5,236
Comment Karma
8,872
Profile updated: 5 days ago
Subreddit
Post Details
Age
35
We try to extract some basic information from the post title. This is not
always successful or accurate, please use your best judgement and compare
these values to the post title and body for confirmation.
- Posted
- 1 year ago
- Reddit URL
- View post on reddit.com
- External URL
- i.redd.it/w7uikp67wvtb1....
I think youâre conflating the overall existence of money with an individualâs ability and/or willingness to pay. Most wealth is currently concentrated with very few individuals, which means the actual money changing hands is much less than the overall âsupplyâ. Also there are many individuals who are either comfortable with or forced to spend money they donât have, so again their willingness to pay forces prices upward.