RE: Splinterlands Economics: Inflation
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For example, when DEC is above its $0.001 "peg" then it is inflationary because the print or issue rate increases.
Well, I am not an economist, but I feel above statement is good for a price hike and not for print and issue rate increase!. Minting more currency depreciates its value in general, what do you say?
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Yes, I agree - a greater amount of currency circulating will tend to cause more inflation! Minting more will generally increase the supply and depreciate the value of the currency. This means that prices will go up, and then there is a higher rate of inflation.
This is an example of why it is important to do your research, someone who did not know about this mechanism may decide to invest in that particular asset without knowing that there is a built in system specifically made to depreciate it (and cause inflation).