Message from @ventuz

Discord ID: 533779457681391627


2019-01-12 22:46:56 UTC  

But negative inflation incentivises money hoarding instead of investment

2019-01-12 22:47:02 UTC  

https://cdn.discordapp.com/attachments/418667927169138688/533778964011941891/inflation-rate-in-the-usa-since-1990.png

2019-01-12 22:47:36 UTC  

It becomes more and more profitable to hold money than to spend, invest, or use it productively

2019-01-12 22:47:38 UTC  

Wrong

2019-01-12 22:47:47 UTC  

Oh hey

2019-01-12 22:47:47 UTC  

fuck i cant post ss

2019-01-12 22:47:48 UTC  

welcome

2019-01-12 22:48:05 UTC  

No that’s a myth

2019-01-12 22:48:16 UTC  

90% of the time deflation hasn’t been resulting in recessions

2019-01-12 22:48:17 UTC  

Visitor

2019-01-12 22:48:21 UTC  

deflation means people spend more

2019-01-12 22:48:23 UTC  

That’s always been the case

2019-01-12 22:48:25 UTC  

Sid is like Charlie Kirk don't bother

2019-01-12 22:48:26 UTC  

...how?

2019-01-12 22:48:29 UTC  

It’s a Keynesian myth people spend money

2019-01-12 22:48:34 UTC  

Less

2019-01-12 22:48:45 UTC  

https://cdn.discordapp.com/attachments/418667927169138688/533779399355662346/unknown.png

2019-01-12 22:48:47 UTC  

sorry

2019-01-12 22:48:48 UTC  

had to

2019-01-12 22:48:53 UTC  

LOL

2019-01-12 22:48:59 UTC  

trumptard OWNED

2019-01-12 22:49:02 UTC  

I got memeD LOL

2019-01-12 22:49:02 UTC  

🤔

2019-01-12 22:49:06 UTC  

alright gg

2019-01-12 22:49:07 UTC  

But

2019-01-12 22:49:09 UTC  

xd

2019-01-12 22:49:37 UTC  

It’s a myth about the deflation thing

2019-01-12 22:49:44 UTC  

Things like the great depression crash (not the recovery) were exacerbated by deflaiton

2019-01-12 22:49:45 UTC  

When deflation occurs 90% of the time nothing bad happens

2019-01-12 22:49:51 UTC  

no it resulted in deflation

2019-01-12 22:49:56 UTC  

It was an effect

2019-01-12 22:50:01 UTC  

Because prices were adjusting to market levels

2019-01-12 22:50:04 UTC  

Which reinforced the depression

2019-01-12 22:50:05 UTC  

after the artificial push up

2019-01-12 22:50:08 UTC  

did nothing

2019-01-12 22:50:14 UTC  

What reinforced it was hoovers interventionism

2019-01-12 22:50:20 UTC  

And FDRs interventionism

2019-01-12 22:50:33 UTC  

deflation was an effect of the depression not a cause

2019-01-12 22:50:54 UTC  

deflation is good as real incomes rise, cheaper to do business etc

2019-01-12 22:51:06 UTC  

Not to mention demand doesn’t run the economy

2019-01-12 22:51:08 UTC  

https://cdn.discordapp.com/attachments/418667927169138688/533779997010427905/Depression_GDP_-_Copy.png