For the longest time on 4chan’s literature board (which was a pretty useful and interesting place overall), there was a guy who would spam pictures and fan fiction of the girl from Willy Wonka getting turned into a blueberry.
I have weird fetishes, so I don’t judge too much, but wtf.
Okay, show me this happening. Because literally every economic crisis I’ve had the privilege to live through, thanks the the Keynesians, the Chicago School of Business types, and Friedmans, has been associated with inflation.
Show me. Prove it. These economists make claims and don’t have to back them up with empirical data or theories that predict future states of the world.
I don’t make the assumption something is true because it sounds good and tells a good story. Prove it.
I think more weird that in this situation where the cost of goods is raising faster then even the ’ normal ‘ rate faster then wages… you respond with it being preferable to the polar opposite…
Sure you may be dying of thirst, but it’s better then drowning! Completely ignoring like reason and stuff.
The situations end up exactly the same. Either things cost more than you can afford, or your money ain’t worth shit to be able to afford anything. The only real difference is which number is fucked up: the price of the goods or the value of your money.
Deflation increases the value of money vs. goods and services. As a consequence, deflation concentrates economic power in the hands of people who already have money.
Inflation makes goods aka stocks increase value, which makes rich fucks that live on loans be able to then ask another loan for a bigger amount to pay off the loan from before just because their assets passively rose in value.
It’s the scam by which the ultra rich live by doing absolutely nothing while the rest of us that are saving for a house or whatever see our savings year by year diminished.
TropicalDingdong@lemmy.world 7 months ago
Prove it.
match@pawb.social 7 months ago
a search for “inflation” on a furry website with thousands of results a search for deflation on a furry website with only 164 results
outhouseperilous@lemmy.dbzer0.com 7 months ago
Okay, done and concluded. Thank you.
andros_rex@lemmy.world 7 months ago
For the longest time on 4chan’s literature board (which was a pretty useful and interesting place overall), there was a guy who would spam pictures and fan fiction of the girl from Willy Wonka getting turned into a blueberry.
I have weird fetishes, so I don’t judge too much, but wtf.
known_unknown@lemmy.world 7 months ago
you don’t see very clear QEDs on the internet very often but it’s always nice to see the reliance on data
Bytemeister@lemmy.world 7 months ago
I think you are required to make deflation porn a thing now. It’s like a rule.
I’m imagining some dude getting sucked off so hard he turns into dust or a raisin.
shalafi@lemmy.world 7 months ago
Are you seriously asking for a list of every economic downturn in history?
When prices drop, unemployment goes up, people can’t buy shit, rinse and repeat.
TropicalDingdong@lemmy.world 7 months ago
Okay, show me this happening. Because literally every economic crisis I’ve had the privilege to live through, thanks the the Keynesians, the Chicago School of Business types, and Friedmans, has been associated with inflation.
Show me. Prove it. These economists make claims and don’t have to back them up with empirical data or theories that predict future states of the world.
I don’t make the assumption something is true because it sounds good and tells a good story. Prove it.
Saledovil@sh.itjust.works 7 months ago
The Great Depression.
Skullgrid@lemmy.world 7 months ago
one of these is not like the others
WraithGear@lemmy.world 7 months ago
I think more weird that in this situation where the cost of goods is raising faster then even the ’ normal ‘ rate faster then wages… you respond with it being preferable to the polar opposite…
Sure you may be dying of thirst, but it’s better then drowning! Completely ignoring like reason and stuff.
Kolanaki@pawb.social 7 months ago
The situations end up exactly the same. Either things cost more than you can afford, or your money ain’t worth shit to be able to afford anything. The only real difference is which number is fucked up: the price of the goods or the value of your money.
outhouseperilous@lemmy.dbzer0.com 7 months ago
What if we valued labor over ownership of stuff?
explodicle@sh.itjust.works 7 months ago
We’ve had inflation as we know it since the 1970s and still had economic downturns since then. Were we simply not printing money hard enough?
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NaibofTabr@infosec.pub 7 months ago
Deflation increases the value of money vs. goods and services. As a consequence, deflation concentrates economic power in the hands of people who already have money.
fushuan@lemmy.blahaj.zone 7 months ago
Inflation makes goods aka stocks increase value, which makes rich fucks that live on loans be able to then ask another loan for a bigger amount to pay off the loan from before just because their assets passively rose in value.
It’s the scam by which the ultra rich live by doing absolutely nothing while the rest of us that are saving for a house or whatever see our savings year by year diminished.
Yeah fuck that.
Vinstaal0@feddit.nl 7 months ago
The issue is that they even get loans when they have no real collateral to give.
Most people also have savings or a pension fund which is indirectly put into the stock market, that’s how you get interest etc.
ThrowawayPermanente@sh.itjust.works 7 months ago
If deflation was persistent, couldn’t debt have a very low or even negative interest rate?
explodicle@sh.itjust.works 7 months ago
Who would lend at a negative rate besides friends and family? Here’s a bar of gold, please give me back half a bar of gold in a year.
TropicalDingdong@lemmy.world 7 months ago
Am explanation repeating the same wrong ideas isn’t a proof
explodicle@sh.itjust.works 7 months ago
How are you measuring the concentration of economic power - Gini coefficient?