Critique of Rational Expectations

sieben,

i have a hard time squaring your skepticism with a comment you made in an earlier thread.

Inflation/deflation should have no impact whatsoever on debts. Anyone with a brain simply writes inflation into contracts that ocurr over a long amount of time.
https://forum.freecapitalists.org/t/a-discussion-with-my-professor-over-deflation/15390/5

this is almost exactly what i am saying.