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RE: Is there a Fair Monetary Inflation Policy to mitigate negative effects of Price Deflation?

in #economics8 years ago

Nice post. Block chain is well suited for rules based monetary policy. I agree simple rules are better. I think high interest rates are better though because it diverts capital into the highest return projects and leads to an acceleration in growth.

Still I would not be surprised to see a blockchain rule based monetary policy implemented sometime in the next 50years. Hell, someone should pitch Zimbabwee on it today and they might get a nice test case.

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