Money/inflation relation
Without some form of money would there be anything we could refer to as inflation; could the concept even exist?
80-89, M
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whowasthatmaskedman · 70-79, M
Yes and No, In direct terms No..Money is fictional and is worth what we say it is for no better reason than we say it is.. However, relational values can and do change. A dozen eggs in a high laying season may not be worth as many oranges in trade, if the orange harvest is poor.Thats supply and demand. But the mechanism should be self correcting as supply alters..😷