Inflation is, and always was, a monetary phenomenon. Until banks begin lending their excess reserves in hordes, inflation is not a short term worry. Falling stock prices, real estate prices, and wages is goodNo libertarian would fall for that deflationary spiral tripe. Inflation is still coming. It's an increase in the money supply, which we have, now we just need a fall in confidence. Deflation isn't all that bad anyway.
The % of computer purchases that are obtained with credit versus the % of real estate purchases bought with credit are most likely inverses. You're talking peanuts, im talking elephants.If deflationary spiral were true, then people would never buy computers. It's the same concept. Computers become obsolete in 2 years, and technology is always rapidly improving. Yet people bite the bullet and buy computers. Same with deflation.
When did i say it was stable (strawman)?And government intervention is unstable, a waste of resources, and decreases our productive capabilities. Increasing production helps the poor the most.
And you sound like a new libertarian.I was just waiting for you to respond, but you still don't sound like any libertarian.