A Personal Challenge To The Forum

[ojc02]

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Uhm... public fire department? [img]/images/graemlins/wink.gif[/img]

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I would've said the same thing but this is a bit worrying...

I would accept a fiat currency if the Fed would make it's goal be 0% inflation. According to my macro book by Mankiw we could maintain 0% inflation if we wanted, it would just be painful getting there; once we're there it would be essentially the same. Oh, and only if they actually implemented a reasonable CPI bundle and didn't change it to suit their purposes.