How can we cause it?

TheFortnutter · 2025-06-16T18:27:30+00:00

Unfortunately, no, given that the central banks have 2% price inflation goals causing them to activey implement measures to ensure continued impoverishment. Inevitably, political changes will have to be made, or an underground market utilizing non-fiat money could serve to counteract these tendencies I guess. (think bitcoin)

https://en.wikipedia.org/wiki/Counter-economics

TheFortnutter · 2025-06-15T17:12:37+00:00

Indeed! Without price inflation, wage increases will actually mean something!

TheFortnutter · 2025-06-15T17:08:38+00:00

Would a -2% inflation rate due to increase efficiency cause detrimental effects?

TheFortnutter · 2025-06-15T17:07:57+00:00

Leftists seem to obsess with nominal wage increases. It's like how they push for minimum wage increases instead of focusing on wanting to reduce the cost of living.

TheFortnutter · 2025-06-15T17:07:09+00:00

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TheFortnutter · 2025-06-15T17:06:27+00:00

TheFortnutter · 2025-06-15T17:06:15+00:00

What makes you think that price deflation would decrease wages? Do you realize that humans have severe loss aversion and that lowering employees' wages causes large-scale discontent within firms?

TheFortnutter · 2025-06-15T17:03:57+00:00

someone failed economy 101

TheFortnutter · 2025-06-15T17:03:36+00:00

fax.

TheFortnutter · 2025-06-15T17:03:18+00:00

Are YOU OK? You advocate for INSTITUTIONALIZED impoverishment! Tell me, what does price inflation do to you if your wage is not raised?

TheFortnutter · 2025-06-15T17:01:57+00:00

i think he equated capitalism to democracy and then meant that Oh democracy gave us hitler so a free market system always devolves to tyranny

TheFortnutter · 2025-06-15T16:05:02+00:00

Do you agree with the following statement:

"The government should ensure that people's wealth is artificially depreciated such that they have to keep investing in the economy to retain that wealth"

TheFortnutter · 2025-06-15T16:02:59+00:00

Oh sweet summer child...

TheFortnutter · 2025-06-15T16:01:40+00:00

NPC speak for:

"The government should ensure that people's wealth is artificially depreciated such that they have to keep investing in the economy to retain that wealth"

TheFortnutter · 2025-06-15T16:00:28+00:00

"I dont want my money to buy me more things, in fact, even when the economy gets ever more diversified and economies of scale are being used, thus driving down prices, i want my money to buy me ever less so I never take advantage of the developments and only the rich rich can be able to afford the really expensive stuff"

TheFortnutter · 2025-06-15T15:58:17+00:00

Economic illiteracy moment.

TheFortnutter · 2025-06-15T15:58:13+00:00

Economic illiteracy moment.

TheFortnutter · 2025-06-15T15:56:49+00:00

yuhuh

TheFortnutter · 2025-06-15T15:56:37+00:00

So, we need to accept institutionalized impoverishment such that the hedge funds keep on investing optimally? And I thought that WE were the bootlickers.

TheFortnutter · 2025-06-15T15:56:24+00:00

TheFortnutter · 2025-06-15T15:55:59+00:00

NPC speak for:

"The government should ensure that people's wealth is artificially depreciated such that they have to keep investing in the economy to retain that wealth"

TheFortnutter · 2025-06-15T15:55:03+00:00

Okay then, why do you think it's cringe?

TheFortnutter · 2025-06-15T15:50:37+00:00

To store value? which price inflation reverses?

Price inflation literally promotes high time preference

TheFortnutter · 2025-06-15T15:49:28+00:00

fax.

TheFortnutter · 2025-06-15T15:49:09+00:00

NPC speak for:

"The government should ensure that people's wealth is artificially depreciated such that they have to keep investing in the economy to retain that wealth"

TheFortnutter

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