The fed's target rn is 2%
if the businesses controlled money supply it would be backed by gold
Market *
Yeah inflation should be below 0
not 2%
Here are some of the myths if you’d like
https://mises.org/library/10-gold-standard-theory-and-myth
About the expansion of an economy
It wasn’t what restricted the economy in 1800s
It expanded fast
It’s an audio but
But negative inflation incentivises money hoarding instead of investment
It becomes more and more profitable to hold money than to spend, invest, or use it productively
Wrong
Oh hey
fuck i cant post ss
welcome
No that’s a myth
90% of the time deflation hasn’t been resulting in recessions
Visitor
deflation means people spend more
That’s always been the case
Sid is like Charlie Kirk don't bother
...how?
It’s a Keynesian myth people spend money
Less
sorry
had to
LOL
trumptard OWNED
I got memeD LOL
🤔
alright gg
But
xd
It’s a myth about the deflation thing
Things like the great depression crash (not the recovery) were exacerbated by deflaiton
When deflation occurs 90% of the time nothing bad happens
no it resulted in deflation
