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

As long as you keep it low

Some economists argue 1.2 is too low

I disagree

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 

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

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

Idk what any of that means

Well there goes all value to the U.S Dollae

Dollar*

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

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

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

Not *new* money

More or less

That's kinda oversimplified and overdramatized

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

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

Yeah but oversimplified got famous somehow lol

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

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

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

Increasing minimum wage to match inflation rate isn't unreasonable

for instance

It is if it puts millions out of work

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

Then again most economists say aslong as the economy stays good then we can keep raising the debt which isn’t a good idea IMO because when the economy goes bad which inevitably it will then we fucked

and that would essentially just keep people at the same income level they were at anyway

Raising Debt is bad. We should try and stay out of debt because then our economic value is higher.

At least thats the way I see it

Most economists don't say that. They say we can raise our debt, as long as it stays below our total economy. Right now that's not true

Right now our debt is greater than our economy

which is bad, and the economists say it's bad

Agreed, it’s a problem

Idk my teacher told me that last year so imma assume most economist actually think that because it seems like they actually think that

Economists don't make economic policy unfortunately

And your teacher being a nitwit doesn't make economists idiots

IMO a raising debt means we have to pay more taxes in an attempt to keep up with the debt and more taxes is never good

Eventually it will get to a point where we will have to borrow to keep paying the interest on our debt

which will be funny

anyway

Now that the economic debate is settled