I guess it depends on how you define inflation. To me inflation is the ratio between goods and services and the money supply. Inflation isn’t rising prices. Price rising is a symptom of inflation. I just don’t think it’s beneficial to use inflation interchangeably with supply and demand and price rises, it just creates confusion. I very much favor the macroeconomics view of inflation because through that lens a lot things start making sense.

Since this is your field, obviously you’d know that if you have more goods, you get deflation. And funnily enough when you look up the definition of deflation it’s very strongly tied to that ratio between goods and services and the money supply.

I just feel that over time people have changed the definition of inflation. It’s no surprise that the term Greedflation has popped up because the topic surrounding it has been convoluted, confusing a lot of people.

Inflation is the devaluation of the currency. The definition has been muddied for a time now but ultimately inflation refers to the expansion of the money supply.

As people/corporations borrow more and governments print more, prices increase. Not because those items have more value but because the money has lost its value needing more of it to pay for the same stuff.

If tomorrow everyone’s wages would double. Prices would double as demand would increase and the market balances itself out.

Greedflation is a term that shifts that narrative. You could argue that yes there are bad actors for sure. But the term greedflation is redefining inflation, making you focus more on corporations raising prices instead of the main contributor, an expanding money supply.

Yes it’s bad. Competing for market share should be balanced and free of government intervention. How does a company (small or large) hope to compete against a company that is being subsidised.

Tesla can then undercut their competitors as they don’t need to make a profit. They’re subsidiesed.

Then the government has also imposed regulations for car manufacturers, that if they don’t sell enough EVs in the year, they have to pay a penalty by buying carbon credits.

Well Tesla sells those carbon credits. So they can undercut their competition, entice consumers with lower prices and recoup the losses through subsidies and selling these credits. All thanks to government intervention.

Basically screwing competition and screwing you. As these have knock on effects.

NFTs could have a useful case of keeping online records of ownership. Being cars, homes and even cattle. Which coulld also make it easier and cheaper to sell or buy these things.

Ignoring privacy concerns of course.

Oh no! I had no idea. Man that really sucks. They were such a good service

You can port forward with mullvad easily

I still feel that silicone is more reliable than dealing with organic matter that can die.

How do they keep it alive. Do you need to feed it or keep it in special conditions? With time, as the cells age, would you lose performance?

I’ve never experienced or heard of any airport checking the private contents of people’s devices. Wouldn’t that be a massive breach of privacy?

Also how would they know it’s pirated or not. Wouldn’t they have to check for licenses… Wouldn’t that be incredibly time consuming for staff to be checking?

Im in serious doubt this would be a thing.

“Show me the man and I’ll show you the crime” Lavrentiy Beria, Stalin’s secret police chief bragged that he could prove criminal conduct on anyone, even the innocent.

Before Hitler, why wouldn’t you put down you were Jewish.

You may have nothing to hide now. But who knows how it’ll be used against you in the future. The less people know about you, the better.