[gloryjulio]

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

[ericd]

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?

[b112]

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

Really.

[ericd]

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.