Oddbean new post about login | logout At what point during inflation of the money supply do prices increase? I see the correlation between low interest rates, but if you simply inject cash into a system at what specific point do you see prices increase? I've been pondering this for the last two weeks or so
Offer vs demand. The cash injection will trigger the offer. The specific point will depende on the amount of money injected and the relation is linear
So more money that users in a system have to spend increases the rate at which goods move, thus increasing demand? A guy was recently saying "my oatmeal has gotten more expensive" and i was stuck thinking about this. So with more money in the system, people were just buying more oatmeal? This is the point I'm hung up on