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What your argument doesn't account for is where does the money come from to enable a general price increase?

> A demand for zero inflation is a demand that $1 now and $1 in a decade should buy you the same amount of gas, which .. will not continue forever.

Gas prices do not cause extra money to be printed.



It doesn't actually require extra physical printed money? Have you heard of "petrodollar recycling?"

The money can come from a shift in the debt/savings profile, in the reallocation of business investment, or a shift in the demand for speculative assets. It's not really a coincidence that as the fuel price has gone up the gold price has gone down not up: https://goldprice.org/gold-price-history.html

There's a big spike around 2020 for inflation fears, but the gold price doesn't track the price level numbers in ways that hard money fans want it to.




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