EPISODE · Jun 3, 2021 · 2 MIN
17.4 The True Definition of Inflation || Matthew Mežinskis
from Join the Wasabikas - a Bitcoin Privacy Podcast · host Wasabi Wallet
Matthew explains that it is impossible to calculate one number which displays the purchasing power of money, and thus track the historical trend of price inflation in an economy. Consumer price indexes are fundamentally flawed and totally useless in economic decision making. Inflation is properly defined as a coercive increase in the money supply. Watch all Highlights: https://youtube.com/playlist?list=PLPwc75tPMdsjpqK1YHYYG5b55M6Y--6Qd Watch all full episodes: https://youtube.com/playlist?list=PLPwc75tPMdsixsuhwau82Q0IfxECo0z_E Website: https://WasabiWallet.io Blog: https://blog.WasabiWallet.io Documentation: https://docs.WasabiWallet.io GitHub: https://github.com/zkSNACKs/WalletWasabi Podcast: https://anchor.fm/Wasabikas YouTube: https://youtube.com/c/WasabiWallet
What this episode covers
Matthew explains that it is impossible to calculate one number which displays the purchasing power of money, and thus track the historical trend of price inflation in an economy. Consumer price indexes are fundamentally flawed and totally useless in economic decision making. Inflation is properly defined as a coercive increase in the money supply. Watch all Highlights: https://youtube.com/playlist?list=PLPwc75tPMdsjpqK1YHYYG5b55M6Y--6Qd Watch all full episodes: https://youtube.com/playlist?list=PLPwc75tPMdsixsuhwau82Q0IfxECo0z_E Website: https://WasabiWallet.io Blog: https://blog.WasabiWallet.io Documentation: https://docs.WasabiWallet.io GitHub: https://github.com/zkSNACKs/WalletWasabi Podcast: https://anchor.fm/Wasabikas YouTube: https://youtube.com/c/WasabiWallet
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17.4 The True Definition of Inflation || Matthew Mežinskis
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