Re:In Fed and Out, Many Now Think Inflation Helps
by nazgulnarsil on Sunday October 27, 2013 @11:03PM
(#6624869)
Stable prices is a euphemism for inflating just enough to keep nominal prices the same even as productivity in the economy dramatically increases.
[ Parent
| on HN ]
Re:In Fed and Out, Many Now Think Inflation Helps
by NikolaTesla on Sunday October 27, 2013 @11:52PM
(#6625020)
I would say it's a euphemism for debasing just enough to keep a small minority enriched without the masses discovering it via overt price inflation and/or without the masses outside the US realizing that the value of their goods and services are being debased for the same reason.