And the worst part is most don't even know it. I have close friends who say talk about annual inflation just like this guy I'm citing, "deflation is bad, therefore inflation is good."
No dude, sustainable economic policy would neither focus on inflation, nor deflation. We would just let the dollar hold value, and remain stable. We could do this by backing with gold, or silver, or bitcoin, and then proceeding to be fiscally responsible, avoiding deficit spending where possible.
And the worst part is most don't even know it. I have close friends who say talk about annual inflation just like this guy I'm citing, "deflation is bad, therefore inflation is good."
No dude, sustainable economic policy would neither focus on inflation, nor deflation. We would just let the dollar hold value, and remain stable. We could do this by backing with gold, or silver, or bitcoin, and then proceeding to be fiscally responsible, avoiding deficit spending where possible.
Exactly should be no inflation or deflation.
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