@3volver to Showerthoughts • 1 month agoWe keep measuring everything's value with something that continuously loses value over timemessage-square68arrow-up1208arrow-down118file-text
arrow-up1190arrow-down1message-squareWe keep measuring everything's value with something that continuously loses value over time@3volver to Showerthoughts • 1 month agomessage-square68file-text
minus-squareBjörn Tantaulinkfedilink3•1 month ago Why does it? It basically happens when people buy money. When you get 100,000 € but pay 120,000 € back you added 20,000 € to the overall system which makes everything become slightly more expensive to account for the additional money available.
minus-square@[email protected]linkfedilink-1•1 month ago It basically happens when people buy money So you already don’t follow the mainstream economic narrative that consumer prices track inflation, good for you!
It basically happens when people buy money. When you get 100,000 € but pay 120,000 € back you added 20,000 € to the overall system which makes everything become slightly more expensive to account for the additional money available.
So you already don’t follow the mainstream economic narrative that consumer prices track inflation, good for you!