RE: Real reason for inflation: USD money supply increased by 40% since Corona 📈

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RE: Real reason for inflation: USD money supply increased by 40% since Corona 📈

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dstampede (61)in LeoFinance • 2 years ago (edited)

I was searching for this info of how much of total supply was increased and couldn't find. Thanks!!

In fact the causes for inflation is debatable since Japan is not having it applying same mmt (moderm monetary theory). I wrote some stuffs about that. I'll link here... You might be interested, your posts are very informative. Sorry for any grammar mistake, not native language...

https://peakd.com/inflation/@dstampede/why-japan-isnt-getting-inflation

https://peakd.com/mmt/@dstampede/impression-on-modern-monetary-theory-mmt

https://peakd.com/inflation/@dstampede/whats-causing-inflation

!PIZZA
!PGM
!hivebits

2 years ago in LeoFinance by dstampede (61)

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vikisecrets (77) 2 years ago

Probably inflation is absorbed in the asset market in Japan like it was largely the case in the EU before Corona.

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dstampede (61) 2 years ago

Oh ok, the problem is that there is an ambiguous meaning with inflation, many think it means monetary expansionism by itself (that theorically will lead to it), while could mean only rise of prices, like thoses subsector indexes that the CPI measures.

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dstampede (61) 2 years ago

Hey, I wasn't saying you are wrong, in fact its very normal to use the "inflation" term in crypto for issued tokens. So both interpretations are technically correct. For ex, how the peakd curation pool works:
(From whitepaper)

V.6. Distributing Rewards
The reward pool is used to distribute funds to those who actively participate in creation and/or curation of content.
The funding for the reward pool is composed out of 65% of the inflation.

But I think its something like around 8% per year, that incentivates production and escalability... I think it isn't much that would dilute everyone... Keep it up the awsome work!!

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pgm-curator (56) 2 years ago

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hivebits (53) 2 years ago

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