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Formerlurker92 on scored.co
1 year ago10 points(+0/-0/+10Score on mirror)1 child
Deflation is considered a death spiral by (economists), so typically things don't come down. The reason deflation is bad is because, and I am summarizing here, the pawns will work less if their money buys more. Lowering productivity and stalling the economy, usually crashing it.
I call bullshit. Wants always outpace productive capabilities, so people will just spend more on leisure. But what do I know, I'm not a kike
The bankers must always print more money at a rate that outpaces inflation, then lie about the actual rate of inflation, so they can get away with printing more dollars.
This is how they profit. Deflation does not allow for the printing of dollars. Deflation is bad for bankers. Anything bad for bankers is, by default, good for everyone else.
I call bullshit. Wants always outpace productive capabilities, so people will just spend more on leisure. But what do I know, I'm not a kike
This is how they profit. Deflation does not allow for the printing of dollars. Deflation is bad for bankers. Anything bad for bankers is, by default, good for everyone else.
Deflation must never be allowed, goyim.