What I’ve learned from nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe:
Just dropping the rate of inflation to zero does not tell the whole story of fiat monetary debasement.
Productivity-driven deflation puts the real price of items at *below* zero inflation.
5% below zero.
10% below zero.
15% below zero.
All prices are falling, exponentially.
We just don’t see falling prices because inflation is a mountain of dirt that’s filling in the valley of technology-driven savings.