this post was submitted on 10 Jul 2023
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Nono, inflation is the right word. Inflation isn't caused by the money supply, but by supply vs demand. If demand suddenly increases, there will be inflation. If a lot of money is printed and is thrown in a hole, money supply will increase, but there'll be no inflation.
Well, yes, I'm just always floating in economic terms, it really doesn't help that people around often have differing ideas on what these mean.
Only decreases (if we are speaking about demand for money, not demand for commodity bought with it), not increases, but I think it's an error, not a mistake. =\
Ah, I was talking about the demand for commodities/services.