Aug 13, 2025
You can't seriously believe our money losing value is a good thing.
yes. i do.
#inflation: flexible wages more investment more spending less debt burden more employment etc#deflation: wages freeze or fall debt burdens grow unemployment rises consumption falls hoarding grows asset values drops etc#guess what#working class people have the smallest savings#rich people? obviously have a lot of savings#so when deflation hits the working class needs to sell their assets first#cheaply#and the rich are there with their fat cushion of saved (hoarded) wealth to buy up the bargains#lmao y'all understand the great depression was deflationary right?#if you don't want inflation then you get deflation#even the countries with hardest currencies -- like switzerland and singapore -- still aim for mild inflation#if deflation was so good and inflation is so bad why aren't more countries doing it your way?#you don't have to have opinions on things you don't understand
