Hacker News new | ask | show | jobs
by enriquec 654 days ago
Or stop stealing everyones money through inflation?
1 comments

All models are wrong. But the model that suggests that inflation is directly controlled a knob that policymakers can turn on a whim is incredibly useful to the people who stand to profit the most from deflationary policies.
And the opposite has been the excuse of every abusive government in history.