But we cannot just dispute this basic economic model and thinking that 0 or negative inflation (which would cause the stop of investment), or no consensus(that would just cause more chaos) is better. That's just absurd
Really.
https://www.statista.com/statistics/1032048/value-us-dollar-...
If you care to check my claim on it not monotonically decreasing in value. Look at 1776-WW1.
For decades before that policy, a policy even the Bank of Canada holds, inflation was crazy high. The 80s saw inflation, in Canada, briefly hit over 20%, and double digit inflation was a regular thing.
Everyone decided 2% would be a good rate to aim for, that more control was better, to prevent inflation from flying out of control.
Then some dude comes along and tries to spin it like it's a conspiracy to hurt people.
Please, read a little history. Please.