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> 3: Governments will rather use tricks to lower inflation. Change the definition. That is an unsophisticated view. Lowering inflation by 'changing the defini
by JackFr 4y ago
> 3: Governments will rather use tricks to lower inflation. Change the definition.
That is an unsophisticated view. Lowering inflation by 'changing the definition' is like trying to lose weight by switching from pounds to kilos. The measurement is not the thing being measured. Do politicians play around with highlighting different measures? Of course they do - but that is a (ineffective) solution to a political problem not an economic one.
- cryptonector 4y agoIt's the sort of thing that happens in places like Argentina.