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I mean, why does the central bank have an official 2% inflation target? They should have an official 0% inflation target - stable prices, not 2% increasing pric
by seibelj 5y ago
I mean, why does the central bank have an official 2% inflation target? They should have an official 0% inflation target - stable prices, not 2% increasing prices. Increasing is not stable!
And people always want more - that's the nature of humanity and why we live in skyscrapers instead of caves. You don't need a society-wide psychological experiment of currency-devaluation to encourage people to spend and invest money.