Price double every 36 years? Not really they achieve that every 3 years 

piecover

econ

Will AI Cause Massive Deflation?

k00b

> Even if we should experience deflation, central banks will happily create more monetary inflation to offset it because their explicit goal is to make prices double every 36 years

i also think this is going to happen, but i do worry that basically everyone believes the same thing. i haven’t heard many people even entertaining the idea that money printing doesn’t immediately come to the rescue to offset deflation.

i get the idea that governments have just as much debt as consumers and like to print money, but if AI does lead to deflation and money printing isn’t the immediate response, that feels like trouble.

the likelihood of this is small, but the impact if it occurs is huge.