New here?
Create an account to submit posts, participate in discussions and chat with people.
Sign up
31
posted 1 year ago by pkvi_eid on scored.co (+0 / -0 / +31Score on mirror )
You are viewing a single comment's thread. View all
10
Formerlurker92 on scored.co
1 year ago 10 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
fvckface on scored.co
1 year ago 6 points (+0 / -0 / +6Score on mirror )
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.

Deflation must never be allowed, goyim.
Toast message