• drphungky@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    arrow-down
    1
    ·
    1 month ago

    That’s total debt, he’s talking about individual debt. Deflation is bad. This is not really up for debate. 2% inflation is a fine target and worked well for decades.

    • explodicle@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      1
      arrow-down
      1
      ·
      edit-2
      1 month ago

      As you can see in the chart, I’m talking about per person too.

      I don’t think 2008 did work well.

      If you don’t want to debate about this, then don’t.