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We can have different opinion on how much inflation is too much. But the universal consensus is that a little bit of inflation is good. It's ok if you think 2% too high. Maybe 1.25% is better.

But we cannot just dispute this basic economic model and thinking that 0 or negative inflation (which would cause the stop of investment), or no consensus(that would just cause more chaos) is better. That's just absurd



The value of the USD wasn’t monotonically inflating away for most of its history, people were mostly fine? Were those periods disastrous in some way?


You really, really need to investigate the history of inflation.

Really.


I have. Kind of a hobby interest of mine, actually.

https://www.statista.com/statistics/1032048/value-us-dollar-...

If you care to check my claim on it not monotonically decreasing in value. Look at 1776-WW1.




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