Message from @Skeleton
Discord ID: 701182315417698374
Ok then look at non welfare recipients
How many families accumulate much property? Fewer every generation because of progressive taxation and inflation
No.
Inflation is at about 2% for a while
People still are becoming worse every generation
It's inflation, taxation and social welfare that destroys culture and traditional families
2% is too much
Totally not cultural forces
@Mr.Fisch(炫龙) aren't families just a group of individuals by your definition?
We need deflation
Deflation is horrible
> @Mr.Fisch(炫龙) aren't families just a group of individuals by your definition?
@McFansy
Yes
Or technology
> Deflation is horrible
@Mr. Nessel
Deflation is based
It artificially makes people not spend when they otherwise would
Inflation is theft
Which creates unemployment
Omge... You are mainstream Keynesian bluepilled man
Employment is a means not an end in itself
It's a matter of fact that people will delay purchases if there's deflation
Letting money sit around is wise under those conditions
This is why the gold standard was horrendous
So you delay drinking water everyday? Because in a month its cheaper?
Anything heard of time preference?
No but possibly a car
Why is that bad?
I mean what even is a deflationary spiral?
Which makes the car factory worker unemployed
He can do other work then
Not if spending in general is down
Which it would be
That's putting factors of production into mkre useful places
Deflation affects all industries
Yes
People reduce themselves to essentials
and the alternative is they spend money on useless shit
So why is it bad, that the price per megabyte HDD got cheaper the last 60 years?
and become more degen in the process
Streets must be full of unemployed