2 ms·
For USD, I think the commandments would be the invariants of the monetary policy, as opposed to the entire constitution: "inflation shall average 2%", "grow the
by wallacoloo 8y ago
For USD, I think the commandments would be the invariants of the monetary policy, as opposed to the entire constitution: "inflation shall average 2%", "grow the money supply to prevent deflation", and "shrink the money supply to reduce inflation". The religious part is made apparent by it being so difficult to explain why 2008 didn't lead to significant inflation - whereas inflation appears a direct result if the reasoning of these policies is accurate - yet we still follow the policy and just pray it will carry us through anyway.