Category Archives: Inflation

warning inflation

Inflation is the term generally used when there are increases in the money supply and prices go up. Inflation, then, is the devaluation of goods when units of value become too plentiful. This principle applies to other areas of life: … Continue reading

Posted in Economics, Goverment, Human Nature, Inflation | 1 Comment

economics in video games has a must-read article about monetary inflation in video games. Video games, especially massive multiplayer online video games, serve as mini experimentations in economics. When free people are able to transact (to create wealth) in video games, then an … Continue reading

Posted in Economics, Inflation, Trade | 2 Comments