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A 1% inflation might be good, way better than Keynesian policies nowadays
Jaspriet I really like you but you need to stop selling this bs that the government is printing money. Its not like they say wow look now we have 100 trillion in our tsa. They sell treasuries which means somebody is buying them which means assetswap. Which means money is taken from the economy and then respend into the economy. But this money is a debt and has to be paid back at some point. So its not a net gain in the money supply.
Also your take on the gold standard is really outdated. In the 70’s people understood that it had little to do with the US and much more with the rest of the world. If the US is on the gold standard and banks all over the world are creating dollars by lending them into existence, a gold standard just isn’t sustainable. And effectively we were off the gold standard from the 1950’s onward.
ONLY 25% ? Pfft, you're low balling the hell outta that. At keast qhere i live i would say the average cost is at least 40% overall.