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>Inflation is never out of control, the only thing that is out of control is our desire to deny reality. This is great news for commie countries like Venezuela
by sleepingadmin 5y ago
>Inflation is never out of control, the only thing that is out of control is our desire to deny reality.
This is great news for commie countries like Venezuela and Cuba whose currencies have collapsed and are worthless.
>You can stop inflation at any point with a negative interest rate. The moment you do that you can start increasing reserve requirements, if you are ambitious you can go all the way to 100%.
How does that work? You want to remove our fractional banking reserve? I want to know much more!