2% sounds so very very reasonable.
Login to reply
Replies (1)
There’s no reason for inflation though. It’s more complex than this, but I see it simply that things should get less expensive over time since tech improves, efficiency improves, etc…
I wouldn’t mind making _less_ if costs of things went down proportionately. It will probably never happen though - at least in my lifetime.
I just can’t square the circle that fiat is ever good (no matter how hard we try to steel man it).
If you want to watch something absolutely insane, look up “Finding the Money” on YouTube; the MMT’ers documentary on money. It hurts my head thinking about it.