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I dont thinks its a means of exploitation in the sense that controling inflation is not something anyone has mastered in hundreds of years of trying all kinds o
by gsatic 3y ago
I dont thinks its a means of exploitation in the sense that controling inflation is not something anyone has mastered in hundreds of years of trying all kinds of things.
- ethbr0 3y agoInflation is a consequence of the conditions that permit economic growth (fractional reserve banking / currency creation, credit extension / investment / speculation). We could "solve" inflation tomorrow, but we'd also be zeroing growth. Ergo why the usual target is a small but acceptable bit of inflation. E.g. the US Fed's 2%