If that were true, we wouldn’t see the inflation we do from more dollars chasing... | Hacker News

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		9x39 3 days ago \| parent \| context \| favorite \| on: AI Will Be Met with Violence, and Nothing Good Wil... If that were true, we wouldn’t see the inflation we do from more dollars chasing the same (or less) goods. Even if it were true, you still have distribution. You can’t get goods across a nation, let alone the globe, without significant inputs. Are you checking the local grocery store and extrapolating globally?

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brikil 3 days ago [–]

Inflation is more likely when the net number of dollars increases without a corresponding increase to production. Taxing earners at a higher rate doesn’t do this. Printing money at the central bank does.

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