Keynesian economists often argue that a little inflation is beneficial and necessary for the economy but fail to answer the most basic of questions: How much, and who gets to decide?
The Federal Reserve is mandated to target 2%, yet when asked why that specific number, no rational answer is ever given.
That 2% is a sweet spot, where they dilute the population's purchasing power without inciting a revolt.
Opt-out and take away their monopoly on money with #Bitcoin.
The Coin Files
npub1w6…w4fzu
2023-11-29 14:46:58
Author Public Key
npub1w6cjjl03lzgn3gj42uyh9myaqsukqcp7h2z6p35sml5sx8temy6qxw4fzuPublished at
2023-11-29 14:46:58Event JSON
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"tags": [
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"content": "Keynesian economists often argue that a little inflation is beneficial and necessary for the economy but fail to answer the most basic of questions: How much, and who gets to decide? \n\nThe Federal Reserve is mandated to target 2%, yet when asked why that specific number, no rational answer is ever given. \n\nThat 2% is a sweet spot, where they dilute the population's purchasing power without inciting a revolt.\n\nOpt-out and take away their monopoly on money with #Bitcoin.\n\n",
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}