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This again makes absolutely zero sense to me. > The army of accountants would be needed to make that(inflation) 100x less. You seem to imply some black box wh
by anm89 5y ago
This again makes absolutely zero sense to me.
> The army of accountants would be needed to make that(inflation) 100x less.
You seem to imply some black box where accountants are the input and reductions in inflation are the output. Can you explain to me what accountants are doing in this black box that affects inflation? Can you explain why more of these accountants fixes this problem to a greater degree(what is the marginal accountant doing here?)
I can tell you the answer though. This relationship doesn't exist. Inflation is not caused by a lack of accountants or accounting, therefor having more of them has zero impact on inflation.
I'm very open to hearing the specific mechanics of what these accountants are doing and changing my mind .
It seems to me that you may have a fundamental misunderstanding of what it is that accountants spend their time doing.