> we are all, for better or worse, participating in a radical large-scale experiment to test this hypothesis.
Well if you have a suitably sound and accurate economic model that you’ve been secreting away, let us know and save us the time.
Additionally, it’s not like it’s been exclusively Keynesian economics since the 70’s: there’s been a huge amount of neoliberal economics going around-do you not remember the popularity of austerity measures during the 2008 GFC?
To me, bitcoin and co’s dogged insistence on the evils of inflation feels more like someone along the way had some personal issue with inflation alone and designed something to counteract it, plausibly at the expense of numerous other economic factors.
Well if you have a suitably sound and accurate economic model that you’ve been secreting away, let us know and save us the time. Additionally, it’s not like it’s been exclusively Keynesian economics since the 70’s: there’s been a huge amount of neoliberal economics going around-do you not remember the popularity of austerity measures during the 2008 GFC?
To me, bitcoin and co’s dogged insistence on the evils of inflation feels more like someone along the way had some personal issue with inflation alone and designed something to counteract it, plausibly at the expense of numerous other economic factors.