top | item 23778052

(no title)

zumachase | 5 years ago

I think this thread is full of people confusing absolute inflation with relative inflation (“inflationary”). A policy resulting in zero absolute inflation can be inflationary provided that absent such policy, deflation would have occurred.

I took this with OP stating (incorrectly imho) that a certain policy was not inflationary. I am not advocating that all inflation is bad.

discuss

order

No comments yet.