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Content
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https://warpcast.com/~/channel/privacy
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Vitalik Buterin pfp
Vitalik Buterin
@vitalik.eth
Sorry, but no. Crypto people claimed the right to butcher the word "inflation" first, and we already decided that it now just means "increase in the total supply of a currency". https://x.com/axios/status/1794737808269070432
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binji pfp
binji
@binji
cognitive distortion at its finest obfuscation is how power is maintained hence why transparency for the powerful, privacy for the weak is such a strong and important concept when creating a more equitable system
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horsefacts pfp
horsefacts
@horsefacts.eth
Let me stop you right there
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Thumbs Up pfp
Thumbs Up
@thumbsup.eth
And Bitcoiners butchered deflation to mean “not increasing any further, starting in about a century, and maybe losing the occasional seed phrase on a boating accident”
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Hunter Horsley
@hunter
hahaha “Inflation” has been repossessed
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Ese pfp
Ese
@esss
I mean it’s what’s really happening, if the usd was a memecoin it would be full of red ticks on dextools
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MattwithouttheT 🎩 pfp
MattwithouttheT 🎩
@mathew.eth
But they don’t want the common person to know that the reason prices are so high, is because their supply increases made the dollar less valuable.
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Mase the Maker pfp
Mase the Maker
@masethemaker
It's impressive how the population's perception of reality is modified through the redefinition of some words and the elimination of many others...
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Spaceman Spiff 🎩🍖 pfp
Spaceman Spiff 🎩🍖
@spaceman-spiff
Yeah, are taking the inflation meme back!
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Nico Cap pfp
Nico Cap
@nicocapital
No. Its increase in total supply of currency GREATER than increase in total supply of goods. If not there’s no inflation🤷‍♂️
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mati pfp
mati
@ooxxx
increase in the total supply of a currency
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millz.⌐◨-◨ pfp
millz.⌐◨-◨
@millz.eth
"Inflation is a gradual loss of purchasing power, reflected in a broad rise in prices for goods and services over time" - Investopedia Even with a fixed money supply, an increased demand for scarce goods and services would indeed be inflationary.
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Blingoh pfp
Blingoh
@blingoh
seconded.
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Cyfab pfp
Cyfab
@cryptofab
Inflation can be useful to reduce the relative public debt or the unemployment rate. However, that's a dangerous game.
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Max McKendry
@airmax
I don’t mind “emissions” would be fine if we adopted that term instead.
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K pfp
K
@kijijij
Inflation is rate of increase for most useful items for livelihood. Increasing currency supply affects but if you print money to pay foreign debt should not affect local prices.
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nomash 🍪
@nomash
The senses of inflation are inflating
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Uman pfp
Uman
@uman
Interestingly though, the rates for salaries don't really go up much so everyone is getting poorer. Hopefully crypto can save people at some point.
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callum pfp
callum
@csmit
I thought inflation was what happened when you blow air into a balloon? 😰
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Peter pfp
Peter
@silencedogood.eth
Rising asset prices due to m2 growth is currency debasement, not inflation. Simply divide by Fed balance sheet to normalize. True inflation is rising consumer prices, including energy and housing, and without all the little adjustment tricks governments play over the years
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