Monetarist myth that 2-3% inflation is good for the economy? The Austrian view?

[liberation]

Btw. interesting tidbits about gold hoarding (deflation?) by film maker Paul Grignon (in the LETS thread):

https://forum.freecapitalists.org/t/lets-local-exchange-trading-systems-local-money-the-swiss-wir-system-etc/24618/2