There’s over-confidence espoused by economists, the idea that we can measure inflation with any kind of precision is challenging, never mind building on top of

There’s over-confidence espoused by economists, the idea that we can measure inflation with any kind of precision is challenging, never mind building on top of this shaky foundation that there are behaviours which regardless of circumstance will lead to a given outcome such as hyper inflation. This is not to say that hyper inflation isnt a severe risk, it is. it’s to say that the mechanisms through which it’s created or avoided are not well understood nor proven.