@wycats Yes, but deflationary. @ErikVoorhees
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Replying to @BrendanEich
@BrendanEich@ErikVoorhees productivity decreases would produce natural inflation. Is deflation good?3 replies 0 retweets 0 likes -
Replying to @wycats
@wycats@BrendanEich Productivity decreases would produce natural price increases. Price increases =/= inflation.1 reply 0 retweets 1 like -
Replying to @ErikVoorhees
@ErikVoorhees Right. First problem: many suffer "exogenous money" mystery-cult beliefs. Money is endogenous. http://en.wikipedia.org/wiki/Endogenous_money …@wycats1 reply 0 retweets 0 likes -
Replying to @BrendanEich
@BrendanEich@wycats People need to stop equating inflation with price increases. The former usually causes the latter, but they are dif.2 replies 0 retweets 1 like -
Replying to @ErikVoorhees
@ErikVoorhees@BrendanEich this is pretty much a tell that you're in the gold standard camp. Can't just change common meaning.3 replies 0 retweets 0 likes -
Replying to @wycats
@wycats@BrendanEich I don't think governments should implement "standards" for money any more than standards for religion, sex, and food.1 reply 0 retweets 0 likes -
Replying to @ErikVoorhees
@ErikVoorhees@BrendanEich I don't mind the FDA.2 replies 0 retweets 0 likes -
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Replying to @ErikVoorhees
@wycats@BrendanEich Sorry, that was snarky. That's fine if you don't mind it, but I'm ethically opposed to the central planning of food.2 replies 1 retweet 0 likes
@ErikVoorhees @BrendanEich this kind of hyperbole (making modest things out to be the same as a more extreme) makes discussion hard.
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