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I can't sleep over this question

Posted by dormantaccount3 - August 21st, 2023


Here is why I think that sometimes inflation is flawed.


As some people who studied economics know...


There are two types of inflation.


The first inflation is local inflation which is the difference in price increases depending on area.


The second is global inflation which is self explanatory.


Now. I wrote about this in a private chat but I think I should type the short version here.


Let's say a vending machine sells 3 apples, to simplify the question. There are three people who want to buy an apple.


The three people have the same amount of money, and the apples cost the same amount.


What is the number on their money?


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