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2026-05-06 22:08:18 UTC
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frphank on Nostr: > I'm not thinking about that. You're implying that stable means nominally equal from ...

> I'm not thinking about that. You're implying that stable means nominally equal from one year to another. So if a beer is 5$ in 2026, stability would mean it will keep being 5$ in 2027, then 5$ in 2030 and so on and so forth (at least if I get your argument right).

Correct.

> This seems to be entirely unnecessary as far as I can see, especially if it is to be obtained by means of a central bank / planning agency that needs to constantly adjust the money supply.

How do you plan financially if prices are not stable.

> Computers once had prices hovering around 10000$, whereas now you can get a pretty good one for 400$. Is that unstable? Is that problematic?

They're an exception. Food, housing, transport, health are the things that matter. Just check your monthly budget.