Post
Topic
Board Bitcoin Discussion
Re: What impact of printing a lot of money on inflation and Bitcoin
by
Wind_FURY
on 01/04/2020, 05:22:25 UTC
It remains to be seen what the inflation rate will look like in several years time.

It's also difficult sometimes to know what the real rate of inflation is.  Different governments use different formulae to calculate it, giving the impression that they prefer to fudge the numbers a little to make the situation appear less dangerous than it really is.


Isn't the rate of inflation calculated based on the price of essential products compared to the price of last year? I don't know how they can fudge numbers if other economists can see that.