When a normie economist says 2% inflation is good, I always revert them to the rule of 70. 70/2 is 35.

At 2% inflation, it’ll take 35 years for the money supply to double. Halving your savings, which is a lot of currency that the private sector can’t invest.

nostr:note19jm3gxa00fq8hs4lhanqav2rg7gteq57s2j0sqy6wa5tr3h7dumqn9nc8x