
65. Nice try!
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Edit65. Nice try!
I never understood how the āstable pricesā mandate somehow became āstable inflationā policy. Stable inflation seems like perpetually and compoundingly changing prices. Make it make senseš
Every time I visit a public space I check #bitchat to see if anyoneās there. Still havenāt connected to anyone yetā¦
It's a major mindset shift. Money is something to be held reluctantly and spent easily... to money is something to be held deliberately and spent reluctantly. Inverting such a basic assumption has cascading effects through personal priorities, and by extension, society. No one can fully grasp the implications.
Adapt to your audience is the best advice i've received as a writer or speaker. The same logic should apply to orange-pilling. https://primal.net/e/naddr1qvzqqqr4gupzqz777u4axdsdkryvazldk9zdullmuweyquknmvw3v6z4jsjznxrzqqnxvmm4wgkkg6tdv4h8x6t0deej6mmx943xjarrda5kuttjv43k2ur5d9mxjareepsrug
If the Fed's mandate is stable prices and maximum employment, then why is it pursuing stable inflation? Stable inflation, such as 2% CPI or PCE, compounding year over year becomes more and more "unstable" as time progresses. An item costing $100 today would be $102 in a year. - In 10 years, it's about $121.90 - In 20 years, it's about $148.59 - In 30 years, it's about $181.14 ... that assumes that 2% is achieved, and it's not 7%... which would be wildly unstable prices.
Writer. Learner. Bitcoiner.