• electriccars@startrek.website
    link
    fedilink
    arrow-up
    0
    arrow-down
    1
    ·
    1 year ago

    Yes sir. Wouldn’t want regular folks to be able to retain the value of their savings! Government’s restricted to being fiscally responsible instead of printing their way out of problems with the hidden tax on the poor that is inflation? Ridiculous!

    • Lucidlethargy@sh.itjust.works
      link
      fedilink
      arrow-up
      1
      ·
      1 year ago

      Oof, that’s not how economics works.

      Inflation is good so long as wages are rising with it. It’s killing us right now because wages are stagnating hard right now.

    • gonzo0815@sh.itjust.works
      link
      fedilink
      arrow-up
      2
      ·
      1 year ago

      Read about the great depression or the deflationary economics in Germany right before the Nazis took power. Deflation sucks, we already experienced it and we don’t need to try it out again.