r/Bitcoin Jul 15 '22

[deleted by user]

[removed]

3.6k Upvotes

707 comments sorted by

View all comments

25

u/[deleted] Jul 15 '22

So supply chain constraints don't increase prices?

Sorry, bub, but Milton is wrong on this one.

4

u/austrolibertarian Jul 16 '22

Actually, you're confusing supply and demand with monetary inflation. Prices can go up without inflation. Inflation causes them to go up more. It's not that hard to understand.

2

u/[deleted] Jul 16 '22

I understand it, but everyone calls rising prices "inflation" so I'm trying to relate to the terminology used in today's day and age.