I admit I know nothing about economics, but I just can't accept the "fact" that inflation is good and that 2-3% is "ideal". The rationale is that if money doesn't decrease (or increases) in value, people won't spend it, but people buy severely depreciating assets all the time like cars and electronics.Just doesn't sit right with me, seems like some jew shit.
>>61519318Inflation is always bad. The economy niggers lie and say that a little bit is good because it makes life a lot easier for them and their friends, at the expense of everyone else.
>i admit i know nothing>proceeds to demonstrate superior knowledge to every world government combined
>>61519318>seems like some jew shitCorrect. "Inflation" (i.e. debasement) only makes sense because our whole system is debt based. Its in the government's interests to devalue their debt
>>61519318Inflation is the decrease in the value of a dollar. The dollar decreases when more is created. So if you don't want inflation, that means the number of dollars available cannot change. Now, since our population is growing, that means it will become increasingly harder for the next generation to get money, because the money supply is not increasing in pace with the number of people.Now, you might say we should just have net zero population growth - which is not really desirable because it will lead to population collapse, but that's another discussion - but the problem of debt remains. Debt is us borrowing against future productivity. We... borrow more than we should. More than what a static population can support.Debt works on the assumption that we are more productive in the future. Without debt, we can't really take risks. We can't fund the development of technology. So all the massive progress we've made in the past hundred years will basically grind to a halt. We stagnate. The concept of future matters less. Our lives devolve into one of immediate subsistence. Society crumbles because there's no longer a reason to invest.
>>61519377wrong thread bro, this is the blame jews and shill rocks thread
>>61519318I don't understand how inflation high priority. If you're rich and your currency is worth half what it was last year it's the same as somebody steaing it out of your vault. It seems like the rich especially would be acutely aware of it and talk about it more.
>>61519386Here’s the good news. You can still be jew aware and not retarded about elementary level economics.
>>61519318A small amount of inflation is necessary to incentivize people to deploy their capital, ideally in productive ways. If we had deflation, it wouldn't make sense to spend your money today because it would be worth more tomorrow. This would fuck shit up, so yeah a small amount of inflation is actually good if youre not a retard
>>61519377nah, inflation happens when money supply grows faster than real output. so more dollar is not a problem, it all depends how much and how fast. check fisher equation.
>>61519318it's not good, the jews and their low IQ golems just try to gaslight you into believing thatinflation is cancer.
>>61519318Just watch money masters for fuck sake
>Actually guys, it's a good thing that +2% of your savings are vaporized every year. It helps the economy
>>61519377> Debt is us borrowing against future productivity.No. Debt is simply an incentive to compete with other capitalists. You don't need to be productive, you just have to beat other capitalists; although being productive than others usually means beating others financially, but you could also beat others by doing nothing and simply hold the right assets. This is why the goyims should not be spoiled with debt because they're noobs at capitalism (can't win against their debt+interest), they will just cause financial entropy we know as inflation.
>>61519318Inflation is just another form of taxation. Taxation is necessary otherwise goverments collapse. Its that simple. The problem is that these niggers arent inflating at 2% annual rate, its much higher.We are so deep in the scam that you cant reverse the course of this boat. Just buy assets and youll be fine. Inflation is good for the rich cause the ones that pay the most are the peasants. Become part of the wealthy class by expanding your share on assets.
Deflation is goodhttps://www.youtube.com/watch?v=7iWXPx7wjlohttps://www.youtube.com/watch?v=G2vAm2hfW9U
>>61519401>If we had deflation, it wouldn't make sense to spend your money today because it would be worth more tomorrowthese myths have been refuted a million times
>>61520168the inflation is happening elsewhere, which is why deflationary economies have collapsed into inflationary economies 100% of the time, as the non-productive asset (money) stops being propped up. money isn't that important guys, it's literally fake
>>615193182.5% of additional gain per year (more correctly 2.5% less depreciation) of your monetary value is nothing to sneeze at. This constitutes more than a third of the value of what is currently regarded as the most boomer, conservative investment strategy, which is something that appreciates at a compound rate of 7%/yr. So if you didn't have the 2.5% inflation tax, this would (everything else being equal) yield 9.5%. It might sound small on paper, but stuff like that truly incentivizes people to keep their finances locked up in non-liquid assets that don't actually participate in the economy, but are in essence just rents, which is not healthy for the economy.
>>61519318What gets me is that people seem to quote the 2-3% inflation every year as gospel and that its a god given law of economics that's been done since ancient times but we've only been doing it since fucking 2012.The concept isn't even that old yet its a must, somehow?
>>61520228It's the outcome of the financial system objectively currently being the best it has ever been.You may disagree with the inflation aspect and be correct, but that doesn't change the first sentence.
>>61519318Is this the "I am too retarded to buy inflation hedged assets" thread?
>>61520555Surely you don't mean bitcoin.
>>61520228>only been doing it since 2012since 1913 actually
>>61519318it all works perfectly fine if wages increase along with it.
It's good for the rich
>>61519401But isn’t this actually what a sustainable economy is all about? If you only spend money on what you actually need; food, housing, clothing, gasoline, an ok car et.c, there would be much less wasteful spending and unnecessary resource consumption. Who would buy plastic shit from china or a new phone which is 10% better than the one you have? These are questions that true environmentalists should be asking
>>61519377>since our population is growingbut its not, retard lol
>>61519401>it wouldn't make sense to spend your money today because it would be worth more tomorrowso you gonna stop eating going out and driving just because it will be cheaper to do next year? sure kid
>>61519318The idea: You can't have a zero sum game so you either have to choose between inflation or deflation. Deflation eliminates the economy while inflation increases spending and investing (fear of losing money through it).The thing where everything becomes idiotic: Everyone wants to invest in inflation-beating assets and it is considered bad if salaries do not rise with inflation (which depending on how honest your basket is, it usually doesn't since many years).There are concepts that I like that make money lose money and increase spending like demurrage. Every month you buy a sticker for 10 cents so your 10 dollar note stays valid. It is fixed interval and value loss, however and can even work in combination with an otherwise deflationary system.
>>61520681>Deflation eliminates the economyThen why did we have double digit economic growth for decades in the late 1800s while under deflation?You people are retarded
>>61520619>it all works perfectly fine if wages increase along with it.they never do, that's the problem
>>61519394>It seems like the rich especially would be acutely aware of it and talk about it more.only if you assume rich people hold cashwhich isn't at all true.Retards here can't imagine a billionaire not actually having a billion in cash. You guys don't understand, that's not what that word means.
>>61521868>line will always go uppppp fed hater schizo faggot edition
>>61519327If there was never any inflation you would almost never get raises and your investments would never appreciate at the rates they do today.
>>61519377>Debt is us borrowing against future productivity. We... borrow more than we should. More than what a static population can support.>Debt works on the assumption that we are more productive in the future. Without debt, we can't really take risksif only you were capable of thinking slightly harder. We (society) have become exponentially more productive year over year due to technological advancements. The issue here is that your brain (as with most midwits) cannot reasonably comprehend exponential growth. Debt is in line with our productivity. Your tiny pea brain cannot comprehend large number so you think future debt is bad.
Inflation is great if you can get a mortgage or other fixed rate loanIt’s only bad for poor people but who cares about them?
>>61519318>uneducated but intuitively knows inflation is badCongratulations, you're smarter than 90% of normgroids. If you want some book learning, you could read The Creature from Jekyll Island. Or if you like documentaries, go on youtube and watch Hidden Secrets of Money.
Yeah, similar to how they say a weak currency is good for exports, but that really just means paying workers less is cheaper.
>>61519318It's just a simple ploy to extract value from goys simple as.
>>61519318Inflation is good because it leads to excess. There's no way we could take in 60 million spics and 20 million pajeets with sound money and fiscally responsible policy. It drives innovation too. If you only spent what you needed there would be no goy eats or Only Fans or Disney+. Bet you feel stupid now chuddie.
>>61521901In a sane world, an increase in productivity would lead to a decrease in prices and improve the quality of life of everyone. Inflation takes that away and at best quality of life stagnates.
>>61521890yeah and prices would also remain more stable so none of that would be an issue. Investing would also require a lot more skill since a growing supply of money and credit wouldn't just pump up all the asset prices.
>>61519429>yeahLook man I don't even know what to say anymore. Generations have been brainwashed to listen to this kikery, what's the point to even fight it...
>>61522449>In a sane world, an increase in productivity would lead to a decrease in prices and improve the quality of life of everyone. Inflation takes that away and at best quality of life stagnates.THISThat's what REAL CAPITALISM iswhy don't people understand this?
>>61522713In a "sane world" bullshit jobs wouldnt exist, so how would these jobless people even acquire your super duper cheap tomatoes for 0,01$ that piece?
>>61519318>The rationale is that if money doesn't decrease (or increases) in value, people won't spend itThat's not the reason for why inflation is necessary. Economists don't like to talk about it, but the reason for why inflation is necessary is that sometimes companies need to give their workers a pay cut in order to stay competitive, and it's hard to tell your workers that you will cut their pay, but you can give them a stealth pay cut by raising their pay below the rate of inflation
>>61520672>true environmentalistsYou're incredibly naïve if you think modern environmentalism isn't just another cashgrab
>>61519377>the population is growingt. retard no illegals and H1-B fags don’t count.
>>61529689Of course you have to count illegals. Their IDs might be fake, but their net negative impact on the economy is real. That's the whole argument against having them, right? They're here, they're competing for dollars, and they often send their dollars overseas, which may as well be a black hole. Because it isn't circulating back in any meaningful way, we end up having to print more.
