I know this is supposed to be fictional, but whenever someone writes a "fiction" like this, it's always intended as a "this is what can really happen if you are

I know this is supposed to be fictional, but whenever someone writes a "fiction" like this, it's always intended as a "this is what can really happen if you aren't careful" kind of fiction. Which is why I have to take issue with the following premise of the entire article: "central bankers around the world simultaneously increased their inflation targets from 2% to 4% and fully re-loaded their quantitative easing programs. To their embarrassment, consumer prices only continued to decline" To quote an economist that I heard: In the history of civilization, there has never been a case of a central bank operating using fiat currency that has tried to create inflation and failed. If the government of any country wanted to create inflation, it's extremely simple to do so. Just print $10,000 for every citizen in the country and hand it out to them as a christmas gift. If $10,000 isn't enough to do the trick, try a hundred grand. Or a million. At some point, the economy will be swimming in so much cheap money, and a roughly fixed amount of real goods, that the price of each good is bound to increase. Weimar Germany is a classic example of this. The entire premise of this "fiction" is so flawed, that it can only be described as fantasy.