> Secretly every single human on this planet prefers inflation over negative interest rates due to loss aversion. Everyone thinks they can save money by making

> Secretly every single human on this planet prefers inflation over negative interest rates due to loss aversion. Everyone thinks they can save money by making negative interest rates illegal. The losses don't disappear, they hust leak into thr economy in the form of inflation. All hail the money illusion, in the money illusion we trust. I think you are right. Yet pulling off the band aid would be much better. And it would be better for inequality, as asset prices would collapse if you raised interest rates (check the US stock market, real estate, and bitcoin), which is where most wealth is stored.