Join Nostr
2023-08-29 11:19:04 UTC

MeloManic on Nostr: Why is inflation targeted at 2%? I’d say it’s b/c it’s hard to notice a 2% ...

Why is inflation targeted at 2%?

I’d say it’s b/c it’s hard to notice a 2% theft of your things.

A 5-10% theft would have people up in arms.

2% is the devil’s sweet-spot