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What? Most well-functioning democracies have tasked their central banks with inflation targets.
by gspr 5y ago
What? Most well-functioning democracies have tasked their central banks with inflation targets.
- jMyles 5y agoToday, the dollar is the reserve currency of note across the world. That may be changing, but I imagine we can agree on that facet of today's global economy. So, do you think that the dollar - and specifically the inflation schedule and distribution mechanisms of the dollar - can be reasonably said to be under democratic, rather than plutocratic, control?
- gspr 5y agoThere are several well-managed fiat currencies in the world that do not rely on being the world reserve! EUR, CHF, GBP, NOK, DKK, SEK, to name some.