The supply of dollars is a function of the monetary policy. Are you suggesting y... | Hacker News

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		Sschellbach on July 21, 2020 \| parent \| context \| favorite \| on: The Guns of Bitcoin (2017) The supply of dollars is a function of the monetary policy. Are you suggesting you can predict what M2 will be in 5 years, or even 6 months? Please share your expectation.

notahacker on July 21, 2020 [–]

I can confidently predict that M2 will be whatever it needs to be to keep PCE inflation around the 2% mark.

Sschellbach on July 21, 2020 | [–]

wake up. real inflation in the US has been closer to 8%. Look at real estate, equities, gold. you can't see it coming, all fiat ends with hyperinflation

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