Could there be so many rich people hoarding so much money that just by their value they actually have weaked currency and created inflation?

  • slazer2au@lemmy.world
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    10 hours ago

    Inflation happens when demand for something goes up, and/or cost of production goes up

    You forgot the other way inflation happens. Corporate Greed.
    Increasing prices of products to generate more money even though nothing else has changed.