Great read! Haven't really thought about how all interest makes it necessary to print more money from elsewhere since only the inital amount is printed with that loan. The 2℅ inflation goal infuritates me. There has been alot of talk about inflation in mainstream media the last years but i haven't seen anyone question why its 2% not 1.5 or 3 or anything else. Everyone just says "Thats how it is", "All other countries are doing it the same" or "Deflation is very scary so someone smarter than me decided on 2% so thats how it is. Deal with it". Would like to see the fiat maxis argument for why they ended at 2% and why it is out of the question to re-evaluate that. Especially since they are terrible at hitting the goal..