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Stable prices is a euphemism for inflating just enough to keep nominal prices the same even as productivity in the economy dramatically increases.
by nazgulnarsil 13y ago
Stable prices is a euphemism for inflating just enough to keep nominal prices the same even as productivity in the economy dramatically increases.
- NikolaTesla 13y agoI would say it's a euphemism for debasing just enough to keep a small minority enriched without the masses discovering it via overt price inflation and/or without the masses outside the US realizing that the value of their goods and services are being debased for the same reason.