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7/17/2025, 1:05:46 AM
>>937199261
>Inflation is always the money supply except when it isn't.
Inflation is the decrease in value of your money. This is only caused by increasing the supply of money. Items becoming more expensive due to whatever factors does not change the value of that money.
If you're in the middle of Death Valley and there's a stand selling water for $100 a liter, that doesn't change the value of the money in your pocket, water still costs a buck back home, but the /water/ has increased in value based on conditions. You might call this gouging but you'd be wrong on that, too. That man has to set up and tend that stand in the heat and may only get one sale a week, and that man will save somebody's life. If you forced him to sell at regular convenience store prices, he's not going to do it and thirsty people will die. this is why it's a good thing for gas stations to hike prices in emergencies; it's rationing. Instead of keeping the price at $3/gallon, where the rich guys come in and fill up their trucks with 5 gas tanks pulling a tanker trailer, leaving nothing for the people behind him, if the price is set at $20/gallon people buy only the gallon or two they need to evacuate. That 40 bucks saved their lives, instead of saving $17 but not getting any gas.
>Inflation is always the money supply except when it isn't.
Inflation is the decrease in value of your money. This is only caused by increasing the supply of money. Items becoming more expensive due to whatever factors does not change the value of that money.
If you're in the middle of Death Valley and there's a stand selling water for $100 a liter, that doesn't change the value of the money in your pocket, water still costs a buck back home, but the /water/ has increased in value based on conditions. You might call this gouging but you'd be wrong on that, too. That man has to set up and tend that stand in the heat and may only get one sale a week, and that man will save somebody's life. If you forced him to sell at regular convenience store prices, he's not going to do it and thirsty people will die. this is why it's a good thing for gas stations to hike prices in emergencies; it's rationing. Instead of keeping the price at $3/gallon, where the rich guys come in and fill up their trucks with 5 gas tanks pulling a tanker trailer, leaving nothing for the people behind him, if the price is set at $20/gallon people buy only the gallon or two they need to evacuate. That 40 bucks saved their lives, instead of saving $17 but not getting any gas.
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