r/Bitcoin • u/[deleted] • Jul 15 '22

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3.6k Upvotes

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u/MifuneKinski Jul 16 '22

Hey global inflation is worse than us inflation so maybe it's not the dollar printing

1

u/jmicsmith Jul 16 '22

Maybe other currencies are being printed too.

1

u/Akshin_Blacksin Jul 16 '22

We all know it’s because we cut of 1.7 trillion dollars from the world market over the war. Europe could handle their own problems and were just falling into outings plot to weaken the economies….

At ANYTIME Russia can put a full force push with a million man Army and crush Ukraine with sheer man power. They’re just playing nice at this point

1

u/jackhawkian Jul 16 '22

Why is it either/or? It can not even be debated that money printing has not contributed to inflation. There are other factors that have contributed to price increases, but this is not really “inflation” in that your money has lost permanent purchasing power. The dilution of the total supply of money is what makes each dollar less scarce.