Hacker News new | ask | show | jobs
by astura 3033 days ago
Its just not bad math, it's also bad history.

It actually says that the rate of inflation always increases with time, which is... not true! Even if it's trying to say, clumsily, that there has been inflation every year historically... that's also not true. There has been periods of deflation, historically

https://en.wikipedia.org/wiki/Deflation#Historical_examples