Message from @Mr.Fisch(炫龙)

Discord ID: 701183756748324946


2020-04-18 21:30:25 UTC  

Streets must be full of unemployed

2020-04-18 21:30:48 UTC  

Some minor inflation is just going to make sure the people don't artificially put off purchases and maybe invest the money if they want to save

2020-04-18 21:31:06 UTC  

Why is putting off purchases bad?

2020-04-18 21:31:11 UTC  

except they dont save the money

2020-04-18 21:31:15 UTC  

Because the economy crashes

2020-04-18 21:31:24 UTC  

That's why delaying purchases is bad

2020-04-18 21:31:33 UTC  

> Because the economy crashes
@Mr. Nessel
It crushes, because of too much debts

2020-04-18 21:31:47 UTC  

No because the factories close

2020-04-18 21:31:50 UTC  

Because of deficit spending

2020-04-18 21:31:56 UTC  

Because all the retards stop spending money

2020-04-18 21:32:11 UTC  

There is no point in producing anything if people only buy essentials

2020-04-18 21:32:24 UTC  

This is basic

2020-04-18 21:32:33 UTC  

@Mr.Fisch(炫龙) wait, do you want deflation all the time or just some of the time?

2020-04-18 21:32:37 UTC  

> That's why delaying purchases is bad
@Mr. Nessel
It's good. Families saves for their children or take more free time for their families. This begets cultural development and family values

2020-04-18 21:32:48 UTC  

> @Mr.Fisch(炫龙) wait, do you want deflation all the time or just some of the time?
@McFansy
The more the better

2020-04-18 21:33:04 UTC  

It begets them losing their job

2020-04-18 21:33:20 UTC  

If things getting cheaper, then you don't need to work that much

2020-04-18 21:33:38 UTC  

Thigns don't get cheaper

2020-04-18 21:33:41 UTC  

The fewer work can buy sufficient products to live, the better

2020-04-18 21:33:45 UTC  

Your currency just gains value

2020-04-18 21:33:54 UTC  

> Thigns don't get cheaper
@Mr. Nessel
Yeah, because inflation

2020-04-18 21:34:04 UTC  

> Your currency just gains value
@Mr. Nessel
That's good

2020-04-18 21:34:08 UTC  

You don't understand what I'm saying

2020-04-18 21:34:19 UTC  

Then go on

2020-04-18 21:34:46 UTC  

Your currency is able to buy more stuff not because stuff is getting cheaper but because the currency is appreciating

2020-04-18 21:35:09 UTC  

> Your currency is able to buy more stuff not because stuff is getting cheaper but because the currency is appreciating
@Mr. Nessel
Where is the difference?

2020-04-18 21:35:11 UTC  

So currency becomes an asset you hold on to rather than fullfilling it's primary purpose of being a medium of exchange

2020-04-18 21:35:19 UTC  

That's good

2020-04-18 21:35:34 UTC  

No that means people disengagae from the economy

2020-04-18 21:35:40 UTC  

No

2020-04-18 21:35:52 UTC  

Because again, you have time preference

2020-04-18 21:36:01 UTC  

You can't delay mosy consumption

2020-04-18 21:36:12 UTC  

Like eating, clothes, housing and drinking

2020-04-18 21:36:29 UTC  

It doesn't matter if it is individually good for your to delay consumption when society is burning because everyone is

2020-04-18 21:36:42 UTC  

Inflation just makes shortrun consumption and therefore degeneracy attractive

2020-04-18 21:36:59 UTC  

Or it incentivizes investment

2020-04-18 21:37:13 UTC  

What is worse is cheap loans

2020-04-18 21:37:32 UTC  

> It doesn't matter if it is individually good for your to delay consumption when society is burning because everyone is
@Mr. Nessel
That's the problem... That's why socialism with taxation and inflation destroys tje wealth of average famikies

2020-04-18 21:38:05 UTC  

Therefore they rather go sex drugs rock roll instead of saving for children's college e.g.

2020-04-18 21:38:05 UTC  

No that's precisely the point against deflation

2020-04-18 21:38:23 UTC  

Everyone beign a rational actor in this case is fucking horrendous