this post was submitted on 08 Feb 2025
464 points (96.6% liked)
Curated Tumblr
4554 readers
995 users here now
For preserving the least toxic and most culturally relevant Tumblr heritage posts.
The best transcribed post each week will be pinned and receive a random bitmap of a trophy superimposed with the author's username and a personalized message. Here are some OCR tools to assist you in your endeavors:
-
FOSS Android Recs per u/m_f@discuss.online: 1 , 2
Don't be mean. I promise to do my best to judge that fairly.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
We see inflation all the time. Every country that ramped up the printing during covid also saw increased inflation. Most countries stop printing before hyperinflation, we can even see in real time with Argentina that stopping the printing slows the inflation.
moving the goal posts: we were discussing hyperinflation, and now you're saying just inflation.
My original post literally mentioned both, it's not moving the goal posts at all. Printing money leads to inflation, printing even more leads to the end state of hyperinflation.
how many dollars do you need to print to cause a dollar to lose one penny of value?