Submitted by adebar t3_zhqabn in dataisbeautiful
Holy__Funk t1_izp9kis wrote
Reply to comment by MasterFubar in [OC] Inflation heatmap for 44 European, other DM and EM countries by adebar
Ok, you can make the argument that economics is a primitive science. But why should I believe you over the general consensus of thousands of economists? Especially when you have provided no argument except “there used to be no inflation, so there should be no inflation now!”
MasterFubar t1_izpy59w wrote
> you have provided no argument except “there used to be no inflation, so there should be no inflation now!”
Isn't that a good enough argument? They knew how to manage a stable economy, now they have forgotten how to do it. It's like the Dark Ages, the Romans knew how to build aqueducts, but people then lost that technology.
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