Message from @Mr. Nessel
Discord ID: 701182650953760793
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
I think the Great Depression disagrees with you
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
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
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
Why is putting off purchases bad?
except they dont save the money
Because the economy crashes
That's why delaying purchases is bad
> Because the economy crashes
@Mr. Nessel
It crushes, because of too much debts
No because the factories close
Because of deficit spending
Because all the retards stop spending money
There is no point in producing anything if people only buy essentials
This is basic
@Mr.Fisch（炫龙） wait, do you want deflation all the time or just some of the time?
> 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
> @Mr.Fisch（炫龙） wait, do you want deflation all the time or just some of the time?
@McFansy
The more the better