this post was submitted on 14 Sep 2023
1510 points (95.0% liked)
Memes
45741 readers
1597 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This makes perfect sense in theory, but after multiple years of 8% to 10% inflation I'm not so keen on the "inflation always" line of thinking. Some kind of "generally stable" currency that alternates unpredictably would be best.
I'll take 8% inflation for life versus 8% deflation for life.