yingyunzhuang (yingyunzhuang)

While one might find some reason to create the confusion of calling it "price inflation or deflation", most of us properly define those phenomenon as "Price Discovery". Unforeseeable, unpredictable, undesirable and nasty, "behind your back" economic fluctuations caused by Monetary "Inflation or Deflation" are the only "flationy" bubble-type things that everybody always cares about remedying.

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There are three echelons of commodity resource values: The top floor is occupied by Mediums of Labour Exchange Currency of Assured Value The second floor is occupied by extreme rarities like gems, art, antiques and (lesser) precious metals or Mediums of Savings The bottom floor is occupied by all other (finite or not-so) commodity resources which are Mediums of Investment The top floor occupants must struggle to retain their tokens value to save everyone from starving to death. The second floor contains rare and finite things certainly assured to only ever inflate in value The bottom floor contains stuff that may inflate or deflate in value, it's a circus of games we call an economy. The seeming "price inflation" of "finite" Mediums of Savings ("hard" assets) are the direct and unavoidable arithmetic consequence of "infinite" (or at least much less finite) economic growth.

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Salt worked as a "money" only so long as it retained it's aura as a rarity of constantly assured value. Salt's price-demise (Price Deflation) as a currency no doubt came about with the invention of the Sauna bath where people suddenly became aware it was as common as sea water.

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we listen music together !! https://www.youtube.com/watch?v=QB-ErjZ3P_4

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