Increases in the money supply haven't led to commensurate (or even meaningful) increases in inflation. Inflation likely has more to do with consume expectations of the value of their money than any reasonable metric for its value (hence the term "fiat"). When people think their money is worth less, it will be.
Increases in the money supply haven't led to commensurate (or even meaningful) increases in inflation. Inflation likely has more to do with consume expectations of the value of their money than any reasonable metric for its value (hence the term "fiat"). When people think their money is worth less, it will be.
... your last sentence cancels out the rest of your comment.
LMAO. That's the funniest shit I've read in a long time. It sounds like you learned economics from that clown Paul Krugman.