Any time you see a price denominated in $, divide by that chart.
The idea that inflation and the money supply are linked is one of the most dumb one in folk economics.
Just look at these charts: they were declining when inflation was raging on in 2022-23 …
alt Hacker News
The idea that inflation and the money supply are linked is one of the most dumb one in folk economics.
Just look at these charts: they were declining when inflation was raging on in 2022-23 …