crrdlx on Nostr: No, I want a 0% Inflation target. I really don't know why we've come to think that ...
No, I want a 0% Inflation target. I really don't know why we've come to think that any inflation/value theft is okay. Frankly, though the Fed says it has a 2% goal, I'm in favor of a -2% Inflation (2% deflation). We've tried the Keynesian way for decades and we're here. Cant hurt to try the Austrian way for a couple then reassess.
Published at
2024-07-15 18:19:36Event JSON
{
"id": "f57abbe448cce7d5b1bd27b7294bd04b3a11ff4c060586a93f1c6445641c2ebf",
"pubkey": "005bc4de41cfcb580f71cad6ae8909a976568633a4f6a93c6b7fd5bfef11e1a2",
"created_at": 1721067576,
"kind": 1,
"tags": [
[
"e",
"a9a1a13fc72b616fea5107b78d6635a80b8152c08da301d1d022bedafa14f3d7",
"",
"root"
],
[
"p",
"7b991f776d04d87cb5d4259688187a520f6afc16b2b9ad26dac6b8ee76c2840d"
]
],
"content": "No, I want a 0% Inflation target. I really don't know why we've come to think that any inflation/value theft is okay. Frankly, though the Fed says it has a 2% goal, I'm in favor of a -2% Inflation (2% deflation). We've tried the Keynesian way for decades and we're here. Cant hurt to try the Austrian way for a couple then reassess.",
"sig": "71f62528719684ea044a727f6fa12959fc6f6501a0a64a07828fc2eb38ffd121e9eedc7b2c6f694ae33246644a192a9611ab4d08d1249b3ac936b405e019f53b"
}