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This morning I realized that "inflation" means that there's price increases across the board, so you need to think about factors that increase prices in order to understand it. And until now I'd overly associated the term "inflation" with the concept of there being expansions in the money supply that in turn drove price increases. (That's evidently only one factor that can cause it.)

I figured this out after looking into why the Fed would think that instituting a hiring freeze would help to curb inflation. finance.yahoo.com/news/why-the

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tilde.zone

masto instance for the tildeverse