if you get covid, you could easily infect your family. they could die. that's why some of us think it's worth isolating, you gibbering sociopath.https://twitter.com/MattWalshBlog/status/1252059926236725248 …
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We would need heavy unmitigated inflation for *years* before we caught up to the price level we were supposed to be at on the pre-2008 trend line. What’s important about inflation is that it be stable, not that it be any given %. Inflation is just an exchange rate w the future
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In 2007 if you and a bank were negotiating a 30 year fixed mortgage the bank was exchanging $ today for payments from you out 30 years. Total money from you is higher, but those future dollars are worth less. By letting inflation go below trend for years and years,
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