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You joke about that being equally unlikely. But looking at the current inflation rate it is much more likely to be held true compared to any other economic pla
by oyashirochama 5y ago
You joke about that being equally unlikely. But looking at the current inflation rate it is much more likely to be held true compared to any other economic plans or lack there-of.
- dragonwriter 5y ago> But looking at the current inflation rate it is much more likely to be held true compared to any other economic plans or lack there-of. No, its not; even if you naively project the current inflation rate into the future instead of expecting a reversion to the mean, since the current inflation rate is largely driven by housing prices (that is, housing prices are inflating much faster than overall price levels and, more importantly, wages), it would never make housing affordable; in fact it is doing the opposite.