Message from @The Chosen One

Discord ID: 794835104026329139


2021-01-02 07:46:21 UTC  

but this is atypical behavior

2021-01-02 07:46:32 UTC  

and not included in our standard 1.2% inflation rate

2021-01-02 07:46:41 UTC  

Wow, really? Almost like exactly what I said. Wonder how that happened 🤷‍♂️

2021-01-02 07:46:42 UTC  

I don't have the inflation rate data for 2020

2021-01-02 07:46:48 UTC  

It's probably higher than usual

2021-01-02 07:46:54 UTC  

but 2020 is a special circumstance

2021-01-02 07:46:57 UTC  

Yeah I don’t understand why people act like they want to help people when in a capitalism government your mostly out for yourselves. First come first serve and that’s the way I like it

2021-01-02 07:47:15 UTC  

Just because it’s special circumstances doesn’t mean it’s not a problem

2021-01-02 07:47:23 UTC  

Hyperfocus on fringe cases that prove your point instead of a greater trend happening over multiple decades

2021-01-02 07:47:30 UTC  

you know, like someone unreasonable

2021-01-02 07:47:46 UTC  

Anyway, you don't want a zero percent inflation rate.

2021-01-02 07:47:46 UTC  

I’ll get some pushback for saying this but if you don’t like it here then go back to where you came from if it was so much better or go somewhere else if you don’t like it

2021-01-02 07:47:57 UTC  

As long as it doesn't continue it's not a problem

2021-01-02 07:48:19 UTC  

A one off spike in the inflation rate is a blip on the scale of macroeconomics

2021-01-02 07:48:53 UTC  

I say that shit too literally everyone who don’t like it and they go all ape shut crazy on me acting like I’m a neonazi terrorist who is planning to blow up some children hospital

2021-01-02 07:49:44 UTC  

Inflation is not exactly a bad thing. As long as it isn't unreasonable, it signifies some degree of financial growth in an economy

2021-01-02 07:49:48 UTC  

As long as you keep it low

2021-01-02 07:49:59 UTC  

Some economists argue 1.2 is too low

2021-01-02 07:50:01 UTC  

I disagree

2021-01-02 07:50:17 UTC  

Yeah some people just can’t take certain things but you know ignore him I’ve had many experiences with idiot liberals just saying some of the most hypocritical or flip-flop ideas like one liberal told me that you know democrat cities are OK when in reality they’re pretty crappy but then tell me that Trump supporters ruin them which is like OK what is it are they good or are they bad 

2021-01-02 07:50:56 UTC  

They plan on printing more next year, but sure, hyperfocus on fringe cases that prove your point instead of a greater trend over the past couple years that will certainly continue in the future

https://www.federalreserve.gov/paymentsystems/coin_currency_orders.htm

2021-01-02 07:51:18 UTC  

Yes I would agree. If inflation never happened and money stayed the same in an economy then let’s say that little Timmy gets born and gets a job, then little Timmy goes and gets a job. Now that same money is being distributed the same amount but less people are able to get the same amount they had

2021-01-02 07:51:40 UTC  

Idk what any of that means

2021-01-02 07:51:45 UTC  

Well there goes all value to the U.S Dollae

2021-01-02 07:51:50 UTC  

Dollar*

2021-01-02 07:52:17 UTC  

This is a print order because we're in a currency shortage. it's not really new money

2021-01-02 07:52:26 UTC  

In other words if money stayed the same we would all go broke with more people trying to make money and then an economic crash would happen because there isn’t enough money to suit everyone

2021-01-02 07:52:59 UTC  

We just don't have enough currency units. Like, we have 5 cents on paper but that coin isn't really ... there. so they're making new currency to replace money

2021-01-02 07:53:04 UTC  

Not *new* money

2021-01-02 07:53:12 UTC  

More or less

2021-01-02 07:53:28 UTC  

That's kinda oversimplified and overdramatized

2021-01-02 07:53:31 UTC  

Yeah that’s some broken ass logic lol. I don’t get it tbh. Delaware is a beautiful state and has a lot of nature but it isn’t somewhere you want to live unless you want no sales tax then go to Delaware and buy something expensive then leave it

2021-01-02 07:53:41 UTC  

We'd go through a deflation cycle. Which is never fun.

2021-01-02 07:53:54 UTC  

Yeah but oversimplified got famous somehow lol

2021-01-02 07:55:26 UTC  

One of the reasons that we moved to fiat currencies was because we were having big issues with stagnating inflation rates

2021-01-02 07:55:36 UTC  

Most economists agree that under 2% is an acceptable rate, which is true for a functioning economy, but if you plan on making a change to increase minimum wage, it better be guaranteed that small businesses won’t get screwed, and that most families won’t lose jobs. Neither of which are true right now

2021-01-02 07:56:05 UTC  

*minimum wage shouldn't be increased, its not a living wage*

2021-01-02 07:56:12 UTC  

Increasing minimum wage to match inflation rate isn't unreasonable

2021-01-02 07:56:14 UTC  

for instance

2021-01-02 07:56:30 UTC  

It is if it puts millions out of work

2021-01-02 07:56:37 UTC  

if you had a ten dollar minimum wage, the next year it would be 10.12.