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RE: LeoThread 2023-06-07 14:22

How effectively can governments control inflation? Could they do more? Do they lack competence or is it due to conflicting interests that they are often unable to control it?

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What do you mean by inflation? What is the definition you are using?

Like increasing prices, cost of living and so on. Media usually refers to it as inflation although I'm not sure it's the best terminology.

Rising prices are rising prices. Inflation is expansion of the money supply. What is the inflation of $HIVE? When yousee that, do you think of prices?

That makes a lot more sense. The news always link rising prices to inflation as if they were the same thing but now I see they are not

No the term was hijacked. Inflation is money supply expansion. Price go up for many reasons, money might be one of them...but might not.