[Cryptography] Cryptocurrency Exchange without a trusted third party (Ron Garret

[Dominik Zynis]

I am not conflating price inflation with monetary supply expansion. Central
banks have some control over monetary supply expansion which can *create*
inflation.  Some people view that expansion of monetary supply which can
create inflation as a form of theft.

On Mon, Jan 16, 2017 at 12:08 AM, Allen <allenpmd at gmail.com> wrote:

> > The presence or absence of inflation is not simply a policy decision.  If
> > that were the case the Fed wouldn't spend so much time meeting and
> > discussing it. And the BLS wouldn't spend so much money collecting data.
>
> You are conflating price inflation with inflation of monetary supply
> (and even then, I'm not sure you really understand what the Fed and
> BLS are measuring).
>
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