ilmscore | Prediction Details
"Well, when more money gets produced, it effectively reduces the value of each individual dollar. This is what inflation is. The word inflation comes from the word inflate. What are you inflating? The monetary supply. So, you're increasing the monetary supply, causing the value of each individual dollar to go down, which effectively causes the price of things to go up."
By Minority Mindset | October 13, 2024 | Pending
From video
This Habit Keeps Most Americans Poor 00:06:22 - 00:06:41
Interpreted Prediction
Increasing the monetary supply without a corresponding increase in wealth reduces the value of each dollar, leading to higher prices (inflation).

Prediction Details

Topic
Inflation and Monetary Supply

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