[T. P. Pole]

I find a lot of interesting ideas in the Austrian model, which suggests other reasons for inflation. One is that inflation is really caused by governmental devaluing or debasing of the currency.

[Moonman62]

One is that inflation is really caused by governmental devaluing or debasing of the currency.

...

That’s mostly true. Pumping money to stimulate an economy in recession devalues the currency. The way to prevent this is not to allow the Federal Reserve to put the economy in recession with interest rates manipulated to be higher than what the market would charge, which they justify with their false premise that economic growth causes inflation.

[buckalfa]

"I find a lot of interesting ideas in the Austrian model, which suggests other reasons for inflation. One is that inflation is really caused by governmental devaluing or debasing of the currency."

You have to monetize the debt you know to keep the ponzi scheme going you know.