---
title: Article on inflation
date: "2003-12-10T12:00:00Z"
categories:
  - links
wp_id: 874
description: I explore a discussion on how inflation changed currency's role. While money once stored value and measured wealth, its constant fluctuations mean it now serves primarily as a medium for exchanging goods and services.
keywords: [inflation, currency, economics, medium of exchange, store of value, monetary theory]
---

Good discussion on [inflation](http://www.kuro5hin.org/story/2003/11/19/15483/620). Talks about how currency used to be a way of exchanging stuff, a way of storing value and a measure of wealth. Today, it's just a way of exchanging stuff. It's value keeps changing (inflation or deflation), so it's not much good for the last two.