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It’s actually both. That’s how trade happens.

Posted on: July 12, 2019 at 08:26:18 CT

pickle MU

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M.O.B. Votes:

But thanks.

Yes, inflation affects value, even though value is different for everyone. Look at currencies where something simple costs $1,000.

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MESSAGE THREAD

The Theory of Money and Credit - pickle MU

- 7/12 07:36:22

Wrong Board (nm) - DoltfromSTL MU - 7/12 08:27:05

I doubt if any monetary system can preclude inflation, - GA Tiger MU - 7/12 07:46:46

Why is small yearly inflation considered good? Other than - ummmm MU - 7/12 07:48:55

Why should there be a finite amount of money in a system - meatiger MU - 7/12 08:01:27

There is still a finite amount of money even with inflation. - ummmm MU - 7/12 08:08:37

because scarcity is a thing - MizzouAstro MU

- 7/12 08:04:07

So... - meatiger MU - 7/12 08:06:25

You use the word value a lot - pickle MU

- 7/12 08:09:48

RE: You use the word value a lot - meatiger MU - 7/12 08:16:28

that’s begging the question - pickle MU

- 7/12 08:18:38

RE: that’s begging the question - meatiger MU - 7/12 08:22:16

It’s actually both. That’s how trade happens. - pickle MU

- 7/12 08:26:18

well there can’t be an infinite amount of any good - pickle MU

- 7/12 08:02:46

RE: well there can’t be an infinite amount of any good - meatiger MU - 7/12 08:04:46

my definition of what? (nm) - pickle MU

- 7/12 08:10:51

RE: Why is small yearly inflation considered good? Other than - GA Tiger MU - 7/12 07:53:06

you didn’t answer his question - pickle MU

- 7/12 07:56:04

I gave reasons. Now, tell me why they're wrong. - GA Tiger MU - 7/12 08:03:29

Not really. You went with the "that's what we've been told" - ummmm MU - 7/12 08:09:18

Yes. Those were the reasons. WHY ARE THEY WRONG? - GA Tiger MU - 7/12 09:24:07

It’s ok to admit you don’t know (nm) - pickle MU

- 7/12 09:36:11

no, you posted a bbc article. - pickle MU

- 7/12 08:08:22

Bye pic. Have a wonderful day.(nm) - GA Tiger MU - 7/12 09:24:46

I’ll translate: “I don’t know.” (nm) - pickle MU

- 7/12 09:35:47

RE: I doubt if any monetary system can preclude inflation, - pickle MU

- 7/12 07:47:39