It never happens slowly. Inflation suddenly floods when the velocity of money increases. Newly created currency is like pent up potential energy waiting to lose equilibrium and suddenly explode.
Post by twetch#2081
It will not be felt until the rate at which money changes hands increases. This is partly why deflation is followed by high
inflation / hyperinflation in fiat money systems. Perceived wealth effect followed by the realization that it is indeed false.
What the chain says
- Block
- 627 038
- Time
- 2020-03-20T12:18:13Z
- Signer
- 1DgKcVmEVup9Z8RdGRRGpKv5GDC4q5x2Z1
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#2081
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1DgKcVmEVup9Z8RdGRRGpKv5GDC4q5x2Z1 Verified