utopianfiat@lemmy.worldtoLemmy Shitpost@lemmy.world•That's some big inflationEnglish
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10 months agoInflation is not growth in the money supply, money supply is one way that inflation can occur, but the basis of inflation is the increase in nominal costs of everyday prices.
And supply shock, and wage growth, and tons of other things. You literally said “inflation is an increase in the money supply”