its not 2%, and nobody believes it is or has been

.

so no. it isn't 2% inflation that has caused the degenerative environment.

Reply to this note

Please Login to reply.

Discussion

Any inflation at all is what create malinvestments.

no. that is incorrect and

except for Bitcoin maxis online

nobody thinks that.

because economic activity (generally) also inflates.

in a flat or downturn I would generally agree tho.

so I would guess between 0 and 1% is the sweet spot.