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13min chapter
Explain Inflation Like A Ninja. @DavidStOnge #474
Once Bitten! A Bitcoin Podcast.
Understanding Inflation: Definitions and Impacts
Exploration of the two main definitions of inflation - expansion of monetary mass and general price increase, clarifying that inflation is a generalized and continuous rise in the price level. The chapter also covers Modern Monetary Theory, examples from Japan's monetary policies, Troubled Asset Relief Program in the US, and contrasts traditional and modern economic perspectives.
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