SilasBarta comments on Public Service Announcement Collection - Less Wrong

37 Post author: Eliezer_Yudkowsky 27 June 2013 05:20PM

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Comment author: SilasBarta 28 June 2013 01:16:27AM 0 points [-]

Well, it was a pretty safe bet in '08 given typical reactions to economic crises, and the prevalence of advice like this P/S/A that "oh, there totally won't be inflation from the printing money".

Comment author: Alsadius 29 June 2013 06:34:08PM 1 point [-]

You seem to be mocking the idea that we'd avoid inflation. Look at the actual inflation stats, and we have. Velocity has dropped so significantly that the quantity of money rising was necessary just to maintain stability.