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Re:Why the 2% Inflation Target? (2023) by dxbydt on Friday March 22, 2024 @07:08PM (#39795788)
Econ 101: index to 2% inflation, tolerate mild losses.

Elon 101: hire aggressively until product finds PMF, then fire aggressively.

Re:Why the 2% Inflation Target? (2023) by killjoywashere on Friday March 22, 2024 @07:41PM (#39795998)
It’s the old county fair analogy: the rich kids get shots on goal until they hit. Middle class kids get one shot. The poor get no shots, they’re working the fair. There are progressively fewer middle class kids getting their one shot. And some of them used to get two.