Here’s a simile:
Say you have 1 Gold Bar, like they used to have a t Ft. Knox.
Carrying around a Gold Bar is very heavy and not really convenient to by stuff and make change.
So, you make a note on a piece of paper that says to the person you give it to “You own a piece of this Gold Bar.”
But you need to buy more than just one thing, so you print out another note that says the same thing, and give it to the next vendor you buy from.
Now that person owns a piece of your Gold Bar along with the other person and yourself.
You do this a hundred times, and each person now owns 1/100th of that Gold Bar.
You do this a thousand times, and each person now owns 1/1000th of that Gold Bar.
You do this a ten-thousand times, and each person now owns 1/10,000th of that Gold Bar.
You do this a hundred-thousand times, and each person now owns 1/100,000th of that Gold Bar.
You do this a million times, and each person now owns 1/1,000,000th of that Gold Bar.
Each subsequent person’s piece of paper is worth less and less as more and more pieces of paper are printed.
This is what the Government is doing, except they don’t have a Gold Bar..........................
okay, but who raised prices so that your 1/1000 could not buy as much?
the individual assessment of your fiat money may be 1/1000 of the ‘gold bar’, yet unless something else happens there is nothing that would cause prices to rise.
I can’t get past the idea of scarcity and demand being the cause of rising prices other than government interference in supply through bad policy or war.
the simple presence of more cash being printed, that me and you have no access to, doesn’t make me or you spend it, we don’t have it, yet according to thoughts here, that makes it value fall while it’s unavailability to us should make it rise.
It is not clear to me, there has to be other connections to the printing of money and I am sick of hearing the cliches about how it causes inflation, it is missing a step