/biz/ - Business & Finance

>>15412954

>it may be that the rest of the world suffers as they take refugee in US treasury assets, where they would loose the least amount of money.

Periods of deflation have immediately preceded periods of mass inflation.

My theory is that inflation is more of a phenomenon in external actors recognizing the value of the system of the currency itself.

The value of the dollar isn't determined by the numbers of dollars in the system, but the system itself and how it rewards external participants in that system.