Replying to Avatar Carl B Menger

A 2% inflation target means that your purchasing power halves every 35 years. That's interesting, because I thought productivity gains were supposed to lower prices over time, not raise them.

Who earns from the increase in productivity if not you?

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captjack 🏴‍☠️✨💜 2y ago

2% inflation + job / stability mandate total LIE

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