@ClarkHat The idea of general inflation / deflation is a concept designed for the convenience of a central monetary authority. ...
@ClarkHat No one's denying that macro is possible -- we know it is, because it's being inflicted upon society.
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@ClarkHat The question isn't whether they can do it, it's whether we can get out of it. -
@ClarkHat Yellen and Co.: "OK, so what do you think the real rate of inflation is?" Awkward Squad: "Why do you want to know?" - 1 more reply
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