Re:Why the 2% Inflation Target? (2023)
by npoc on Friday March 22, 2024 @05:47PM
(#39795203)
All the fiat currency units in existence are a loan to a bank somewhere. That is over a hundred trillion dollars for the US alone. If you're receiving 2% of $100,000,000,000,000 each year, for money you printed out of thin air, you're not going to worry about the effects of CPI on your monthly budget.
[ Parent
| on HN ]
There are no comments on this comment yet.