Kanzan @Kanzan - 2d
show me where I said deflation was bad. or where they said a permanent deflationary environment was good. nobody said that. you're arguing a strawman with yourself. my guess would be that gentle fluctuations between +/- 1% or so would be optimal. temporary mild deflation certainly has positive influences, as you point out. but temporary mild inflation *also has positive influences. everything is tradeoffs.
ManyKeys @ManyKeys - 2d
> Hayek likewise favored letting prices fall when output expands, criticizing monetary policy aimed at artificially stabilizing prices. Hayek’s “neutral money criterion” held that prices should fall during real growth, and he opposed using monetary expansion to counteract such benign deflation. This cuts through the core premise you guys put forth: few monies chasing more goods is BAD. This is just fiat logic in open-source clothing. I provided enough evidence that this is not the case for any reasonable man.
Kevin's Bacon @Kevin's Bacon - 15h
MUH GROWTH I don't care if your intuition says nobody will invent new tech. Someone will do it, whether you think they will or not. Tail emissions schedule would result in almost permanent deflation too, so you're arguing against your own preferred system, albeit to a lesser degree than the hard cap on total coins ever.
Kanzan @Kanzan - 9h
it isnt "my intuition" it generally understood economics. permanent deflation is a bad design. nostr:nevent1qqsvgvnm3v9d545rq0sql6f2t0ry5ke7vefy840qupvxmdcy6k40g8qzyruct5cfr97gqhshr8rnrpd4wn7raeq86lqmv9taa6vudt8ztxdmkqcyqqqqqqg843e7n
