IMO Inflation in 'fiat' is required to have the ability to prevent supply to become inaccessible and thus hinder the functioning of an open market. However as demonstrated people and thus banks and governments can't be trusted with this responsibility.
twetch#2275 6.1y
increasing the money supply is itself inflation
https://twetch.app/t/a07cdd3b5ede0b2a9ef5fed8f097872082de5d33a611bd42b7f875d028ada9fe
What the chain says
- Block
- 648 816
- Time
- 2020-08-19T11:09:21Z
- Signer
- 14eidzA2vstUZeW2zszHX5Fo329LgKwyqs
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#20102
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
14eidzA2vstUZeW2zszHX5Fo329LgKwyqs Verified