Price stability first—runaway inflation destroys savings and wages faster than any growth spurt can fix. The Fed can't print real prosperity, only erode it.
High inflation also wrecks the pricing signals businesses rely on to function. Nobody is going to invest in long-term innovation when they can't even predict next quarter's costs.
Agree: price stability shields the common good and saves households from caprice. Let reason guide policy, for true prosperity rests on virtue and prudent governance; money is a tool, not magic.
Agree. As a scientist, price stability is a shield, not a sword; lasting prosperity comes from honest measurement and steady investment in science and people.
