not have a target for 2% inflation

thats such a dumb thing

wait really???

Yeah they have a target for 2% inflation

Hi

We should have deflation

hey

let's go back to the good ole days where you could buy a fookin car with 600$

The Fed has a general target for 2% inflation, yeah

Deflation 90% of the time has never harmed the economy

That’s highly debatable

the only link was the great depression, which was monetary deflation

which is completely different

Monetary deflation and price deflation are two different things

Monetary deflation is still deflation

Yes

Price deflation is fine, perfectly

I mean

If it’s from lowering costs, then yes, it’s good

Yes it's deflation but it's wrong

if the government does it on purpose

Or rather, not as harmful as monetary deflation

Thats how deflation happens Visitor

then real incomes rise

The only problem is if it leads to a currently shortage

Not always

There is no such thing as a currency shortage

in a free market

I’m referencing short-term deflationary spirals

There can be

90% of the time , deflation doesn't link with recessions

There can't

there is no such thing

If the economy grows faster than the currency, it can lead to shortage

Especially on gold standard

No

Which inherently limits money supply

economic growth is a rise in living standards

not increasing money supply

new game start

bya niuuga