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Inflation expectations play a central in determining inflation, so you can get a virtuous cycle where low inflation expectations create low inflation, just as you can get a vicious cycle. Central bank independence can help lock in the virtuous cycle, so it's all gain, no pain.
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Renachub animation now available for everyone ! I just wanted to do a renamon inflation... not much idea, but as you can see I treid a new body shape to make fat different from inflation (I know I'm still using inflation noise... but like, weight gain don't do any sound...)
ModnarYug
51,873 Aufrufe • vor 3 Jahren

