Again, your whole premise is that nominally stable prices are absolutely necessary and I reject it. I think much more damage would be done trying to keep them nominally stable than by simply allowing to go where they may. Have prices for the things that you think matter been nominally stable in the last 20 years? Cars, houses, medical insurance, rent, travel?
I don't see how this is a requirement for a well functioning economy.
You're singling out tech saying it's an exception: why would that be the case? Is it because the rate of technical progress has been higher (however we measure it) in this sector than in other ones? So what? Should only sectors with stagnating productivity improvements count towards the nominal stability you think is so crucial?
epsql
npub1zh…vs67x
2026-05-07 07:08:07 UTC
in reply to nevent1q…mrvv
Author Public Key
npub1zhmsa0fs76dctwag0slvg4j9xqxu9q66dkkzxh7ls9pu4d0f9qkqgvs67xPublished at
2026-05-07 07:08:07 UTCEvent JSON
{
"id": "973d97ce3a55dc229bad8b32c92b2a28b6654759d84caf6d8af4c864809edc9d",
"pubkey": "15f70ebd30f69b85bba87c3ec45645300dc2835a6dac235fdf8143cab5e9282c",
"created_at": 1778137687,
"kind": 1,
"tags": [
[
"p",
"3bf0c63fcb93463407af97a5e5ee64fa883d107ef9e558472c4eb9aaaefa459d",
"",
"mention"
],
[
"p",
"52b4a076bcbbbdc3a1aefa3735816cf74993b1b8db202b01c883c58be7fad8bd",
"",
"mention"
],
[
"p",
"47be0b2a89faaa66bc57f5c679203486da45660295cb3db3c2f38f4be8d8816e",
"",
"mention"
],
[
"p",
"15f70ebd30f69b85bba87c3ec45645300dc2835a6dac235fdf8143cab5e9282c",
"",
"mention"
],
[
"e",
"c3717680d89e33a12e4aa69431836788a667619692b0a3b5e738e94bf0e101c9",
"",
"root"
],
[
"e",
"905fa6f80442bd7c5b841a7fc51b575e6e704822c4ecb2e0d1f4b2439d78a9e5",
"",
"reply"
]
],
"content": "Again, your whole premise is that nominally stable prices are absolutely necessary and I reject it. I think much more damage would be done trying to keep them nominally stable than by simply allowing to go where they may. Have prices for the things that you think matter been nominally stable in the last 20 years? Cars, houses, medical insurance, rent, travel? \n\nI don't see how this is a requirement for a well functioning economy.\n\nYou're singling out tech saying it's an exception: why would that be the case? Is it because the rate of technical progress has been higher (however we measure it) in this sector than in other ones? So what? Should only sectors with stagnating productivity improvements count towards the nominal stability you think is so crucial?",
"sig": "3466ebd01a15e4562ff23390e6c90c2cfbf3c4ab989719b9bc9d7c7e50485cfc6cd9a4ae1c5e8deb83ee687193a786399f403d97ea33c835e3d99c4f723fda28"
}