@nealmcspadden

This is probability one of the most interesting topics one can discuss (at least in my opinion). One could argue that in the bigger scheme of things we have a static supply in BTC (this is compared to inflation of fiat).

The most interesting quote I've read on the topic is that there is no clear definition because they want people confused. It is easier to bullshit people if they don't know what is going on (or something in those lines). It was an argument on one of my good friends post @vieira (can't remember where exactly he writes to many posts, or at least he did back then)

The best post I've seen him write on inflation is this one - What REALLY is inflation?

I've also made some sort of attempt a while back (learnt a lot more in-between so my opinion might have changes a little) - If you save in fiat currency, and that includes stocks and pension funds I am afraid the news is not good.

Quote from another friend:

Inflation...

Never have I seen a bigger group of educated people (*1) more fiercely debating the meaning of a word. With the rise in crypto you could see the correct definition stand out like a swore thumb in white paper after white paper but you will not see the truth in textbooks. They lie. They don't want you to know what it means for then you would know why you lose all your wealth as you age!

Keep listening because they will tell you when the next housing crisis will hit your country (not!).

They will tell you when the money you have in the bank will be halved and you would only be able to withdraw mere sents per day of what's left (not!).

They will let you know in advance when they will outlaw the gold you have been saving through sweating blood in the sun (not!)

Keep listening because they'll make sure you're fine. They will brush your little head with a soothing hand and make sure no ill enters your home. For they are powerful.

1 - I say educated but this word has a different meaning for me than for others. "You need a education" is normally the first phrase that's slung at you when you're in conversation with someone on this net. They assume you skipped the whole schooling thing and have no sense for logic as they willy nilly throw this around. It shows your complete lack of thinking for yourself. I need 5 years of lectures to have an understanding on a subject!? I say good fella you are nutcrackers mind fucked to think for all to be below your understanding. The only person to talk with such conviction is one who was told how it should be by someone else because it is with confirmation of others we are reassured. You have it completely wrong. Like I said... to say those words proves you a fool and perhaps calling you a fool is being to kind. Maybe something stronger will wake you from your dreamworld.

My favorite song on the topic - Coins and Crowns

The beast explained - Ken O'Keef

An opposing view on inflation - The Money Masters

Getting back the inflation on crypto. My opinion is that all fiat is being hyper inflated. We just don't see it because all the countries are doing it and different fiat currencies stays in line with each other but you can see it in the price of BTC which can not be inflated (or at least till now. Some say they do it through paper BTC).

Will will however not see any other crypto stand up the way Bitcoin has stood up because it was the first if someone tried to bring out a coin that is static supply it will fail but we have that in Bitcoin (or near damn close to it). My reason for this - One Of A Kind: Why Bitcoin is 'The Next Bitcoin'

The reason I say BTC is more or less static supply is that it is almost nothing compared to the billions they print in QE and fractional reserve lending.

Best author I've come across explaining this is probably G. Edward Griffin - Usury