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Hyperinflation is a nasty feedback loop. News is one important control valve to keep it from going haywire. What do you think they're going to say? Do you thin
by Geee 5y ago
Hyperinflation is a nasty feedback loop. News is one important control valve to keep it from going haywire.
What do you think they're going to say? Do you think they try to reassure people that there isn't a reason to fear inflation?
- krapp 5y agoI don't know what they're going to say, if anything, but I'm certain they're not fabricating a UFO scare to distract people from the economy, that's cartoon logic. If the government wanted to use the news to influence people's perception of the economy, even through deception, they would do so through news about the economy, not by hoping for second or third order effects from reporting on something completely different.
- Geee 5y agoWell, I can't find any other explanation for why they release these cartoon news. Even Obama made a statement.