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My car's "check engine" light has been on for a while now, but it still runs with no serious repercussions, guess I can ignore it. You see how that logic would
by rawtxapp 5y ago
My car's "check engine" light has been on for a while now, but it still runs with no serious repercussions, guess I can ignore it. You see how that logic would be flawed?
- imtringued 5y agoIn this case the check engine light has been on because you have been running your engine on too little oil (inflation).
- rawtxapp 5y agoWell if I keep running it like this for long enough, the engine might end up being destroyed beyond point of no return is the point I guess.
- eloff 5y agoMaybe it's just the light that's broken. The loose monetary policy might cause higher than desired inflation and the Fed might lose control of it. But we said that in 2008 and it didn't happen. We might be wrong again.