Message from @Craix IV
Discord ID: 701186448472277092
they delay thats the good part
That lowers the time preference
If a car is getting cheaper week by week and everyone refuses to buy it the car factory owner will shut down production and fire his workers
if they didnt theyd spend the excess on partying and fucking
Those workers will not be able to spend money on things like cars to begin with
then why is the car cheaper?
This spirals out of control
> If a car is getting cheaper week by week and everyone refuses to buy it the car factory owner will shut down production and fire his workers
@Mr. Nessel
That's good, because mkre people can buy more cars
> This spirals out of control
@Mr. Nessel
No, because at some point someone needs to buy
The car gets cheaper because by the week the currency is appreciating
> This spirals out of control
@Mr. Nessel the exact same happens the other way
> The car gets cheaper because by the week the currency is appreciating
@Mr. Nessel
That's good
It's like talking to a wall with you guys
Do you like cheap products if it'll result in people losing their ´jobs?
You'd have to be mental to support this
if the currency is worth more then you have more purchasing power
@Mr. Nessel read this
Minor inflation on the other hand creates a recession ever 8 years or so
I'm not reading an austrian blog
Is there a no autism rule I feel it would have been broken by now
> I'm not reading an austrian blog
@Mr. Nessel
I was referring to that book
I'm not reading an Austrian book either
@EYEFORKNOWLEDGE156 there technically is
Even Friedman understood why deflation is horrible
Because he is neoliberal
Under section "NO" in rules.
I guess he isn't jewy enough for your taste
@Korin Dickman I just checked I guess it is against the rules
@Nessel#146 nke?
What were you saying
Nuke?
Neo Keynesian
Asking if you're neo Keynesian
No I'm not a Keynesian
kk
Where’s @Despot Romanicus the Enslaver when you need him
I don't hate Keynes though
Dislike his attitude towards debt