I meant to say that a managed currency does not imply inflation, as the commenter was saying. I'm saying a managed currency can be whatever you want it to be.

I meant to say that a managed currency does not imply inflation, as the commenter was saying. I'm saying a managed currency can be whatever you want it to be. I agree targeting deflation would be bad. Hint: deflation is kind of bad, and we have massive deflation with BTC :)