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Yeah, the BI level should be pegged to targeted inflation, not observed or expected inflation.
by dllthomas 8y ago
Yeah, the BI level should be pegged to targeted inflation, not observed or expected inflation.
- dragonwriter 8y agoNo, IMO, the BI level should be pegged to revenue from a dedicated source (or dedicated share of a general source) divided by recipients, with a reserve that is released under a pre-set formula to avoid or mitigate reductions in short term revenue/beneficiary downturns.
- dllthomas 8y agoRight, I recall you having said that before, and I guess I never thought too deep about it :-P I'm gonna go with "maybe" - there are a whole lot of details there and there may well be good plans in that space. I'd like to get back to this when I have a bit more bandwidth.