The inflation rate of gold isn't the same as the 2% inflation rate central bankers target. The latter is a target for the price of goods (that goods will cost 2% each year, and purchasing power declines). The former is the supply of gold, not purchasing power of gold.
I also think it's a silly development that economists think a 2% target for purchasing power is a good target. It's basically vibe planning the economy.
naruto / Naruto
npub1w2…c7tte
2026-09-07 21:44:38 UTC
in reply to nevent1q…72kl
Author Public Key
npub1w2rfg6swqzjgv84h23lwp2vdga4w90wntxejmf4zfhrwl0kuzqpqvc7ttePublished at
2026-09-07 21:44:38 UTCEvent JSON
{
"id": "011d45e6326e229df04ce863f8e9af6d05f2eeef7d2ed57cde0e8c816bcac32f",
"pubkey": "7286946a0e00a4861eb7547ee0a98d476ae2bdd359b32da6a24dc6efbedc1002",
"created_at": 1788817478,
"kind": 1,
"tags": [
[
"e",
"4ca71092fe76819fd52a4deea4c023b24e7e8faaf930789af5b2530aeeb92dcb",
"wss://nos.lol/",
"root",
"c48e29f04b482cc01ca1f9ef8c86ef8318c059e0e9353235162f080f26e14c11"
],
[
"e",
"00003231bca66fccc57867dcac418609f7e0a87269808755dbc8aa3c798d0d9a",
"wss://nostr.wine/",
"reply",
"f985d309197c805e1719c73185b574fc3ee407d7c1b6157dee99c6ace2599bbb"
],
[
"p",
"c48e29f04b482cc01ca1f9ef8c86ef8318c059e0e9353235162f080f26e14c11",
"wss://eden.nostr.land/"
],
[
"p",
"f985d309197c805e1719c73185b574fc3ee407d7c1b6157dee99c6ace2599bbb",
"wss://profiles.nostr1.com/"
],
[
"client",
"Amethyst"
]
],
"content": "The inflation rate of gold isn't the same as the 2% inflation rate central bankers target. The latter is a target for the price of goods (that goods will cost 2% each year, and purchasing power declines). The former is the supply of gold, not purchasing power of gold.\n\nI also think it's a silly development that economists think a 2% target for purchasing power is a good target. It's basically vibe planning the economy.",
"sig": "0b2fb99cfc3d7f1a86b4e9a5d2e50e5da4a57ec18da451d313039c5524f40000a50dea371238cdf929c6dc7f43fd195e41d77540e7e90107564ee98e642422a2"
}