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@ Kanzan
2025-05-07 14:36:10
under *highly inflationary conditions
investment becomes gambling.
there is a spectrum.
its easy to make a good case for monetary inflation that follows economic growth.
that would be the safest and likely the most prosperous condition. its just impossible to achieve algorithmically.
but any sane and known monetary policy would solve most of these problems.
unfortunately a hard cap on the number of monetary units is a knee jerk reaction to inflationary insanity.
it is NOT sane monetary policy.