kano on Nostr: I was having a discussion over on Twitter with a Keynesian about how an inflationary ...

I was having a discussion over on Twitter with a Keynesian about how an inflationary system is completely unsustainable, we went back and forth and eventually started discussing how a deflationary system would work, although I’m familiar with Jeff Booths work, I was curious to see what other people think? His point was that if you have a fixed supply but you don’t have fixed value creation, the economy and wages would be too unstable… I’m not saying who’s right I’m just curious to see if anyone has a take on it?😁🤙