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0 pointsswsieber10y ago0 comments

I think what the parent was referring to was that a universal increase of money supply basically leads to inflation.

I think. I'd welcome any clarification to my attempted summary.

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2 comments · 1 top-level

VincentEvans10y ago· 1 in thread

Yes, but i don't know whether what i observer is your standard "typical economic inflation" or some very particular phenomenon targeting the poor.

A disabled relative of mine is considering signing with Uber to lease their car (did you know Uber leases?) to make some money. After paying for gas and insurance - he is literally working slave wage. I thought this is relevant somehow.

theseatoms10y ago

If the prices of goods and services rise, and their quality does not change, then yes that's inflation. But the quality of goods/services delivered should go up. (That's the point.)

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