ampersandrew , 22 days ago

What you might call a memo, I’d call a poor explanation to confirm your biases. Do some reading on how economists came to their conclusions, and you’ll see why we arrived at an ideal environment of some low inflation. If economics reporters were only serving at the behest of billionaires, we’re in an age of unprecedented access to information, and economics is almost entirely math. If someone wanted to be a whistleblower and show the math to back it up, it would have gone viral by now, and that still would have to contradict a working model of reality that makes sense for what we all understand about inflation. There will always be some percentage of people who don’t thrive in whatever our economic conditions are, and that sucks, but I don’t think anyone’s been able to show a system where we can save literally everyone, because as human beings, our flaws tend to get in the way of that. Still, that low amount of inflation tends to be the best we can do.