RE: Cyclical Inflation Instead of Fixed + Burning?
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I think creating a dynamic way to tackle inflation will reduce most of the problems associated with it when the market shifts direction. Hard coding it could be a good option as it prevents further tinkering when minor changes happen.
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Maybe, but the parameters need to be flexible enough to account for differences from one cycle to another. I don't think this can go 100% on auto-pilot, the parameters might need updating from time to time.
Right. There will be the need for adjustments over time even when the parameters are flexible enough. The economy is really complex system that continues to evolve.