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☆ Yσɠƚԋσʂ ☆ to Memes@lemmy.mlEnglish • 2 years ago

On Inflation

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On Inflation

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☆ Yσɠƚԋσʂ ☆ to Memes@lemmy.mlEnglish • 2 years ago
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  • @thesmokingman@programming.dev
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    0•2 years ago

    Wow, it’s so amazing that the price of gold remains forever consistent. If we had a resource-backed currency inflation could never happen because we never adjust the cost of silver. Scarcity and psychology have no power here!

    • JoMama
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      2 years ago

      Wrong

      Here

      • @thesmokingman@programming.dev
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        0•2 years ago

        I’m flabbergasted. I would have thought that your graphs that claimed to show no inflation yet clearly increased would have prepared you for irony.

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