reidwalley on Nostr: “We need inflation in the system to maintain economic growth” is like saying ...

“We need inflation in the system to maintain economic growth”

is like saying

“Wearing a Batman costume with fake muscles makes us look muscular”

Nominal vs Real

Fake muscles, like inflation, makes you *look* like you have big muscles. But that’s *Nominal* growth, not *Real* growth.

*Real* growth comes from lifting weights and eating properly. Not from a fake-muscles costume.

Same with an economy.

*Real* growth comes from technology and productivity. Not inflation.