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UsernameAlreadyInUse · 26-30, M
@Reason10 those sheeper and low wit like you believe in this trickery of rate control can moderate economy cant see and learn anything since 2008 sub morgage bubble,believing adjustment of opr rate solve the money supply problem.During pendamic where all the trillion of aid fund goes? into actual productivity? the consequence of inflation still effect not only american but rest of the world today.The example of deflation is limited and not very well document on how bad it effect the economy like great depression 1929 to 1939 japan lost decade 1990 till today post bubble europe 1873 to 1896 and the consequent is less harmfull than inflation that could easily spiral into hyper inflation like in agentina,venezuela,turkey,zimbawae and ect country.Rate cutting only encourage the rich to leverage more on buying morgage to flip properties driving up real estate price amd rental thus killing retail business.
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UsernameAlreadyInUse · 26-30, M
@Reason10 you still dont get my whole point,the problem is business sole purpose is make money their not act as roles of disperse inflation into good course like economist state,when too much investment instrument available in market that might provide better return then their core business it encourage them allocate investment portfolio on non-productive assets like properties speculation,stock base executive incentivizing share buy back gain instant massive bonus instead of priortise company growth.Properties real estate and among all other stock market and derivative investment instrument is majority form of agent hoarding all the money supposely to improve goods inovation,labour wellfare.A country where financial market dominate corporate decision making cater more inflation induce wider wealth disparity.Had you seen any billionare who portfolio zero bet on real estate speculation? What is the cause of financial crisis in last few decade? it all come back to either housing or stock bubble that forming by over leverage borrowing to invest on speculate future over investing in physical productivity that fullfill actual consumer need.Money deposit in empty over price rental properties or stock exhange figure dont create jobs opportunity but factory with production line does and farm land cultivate crops feed people but so bad mostly to mouth of imbecile like you.
whowasthatmaskedman · 70-79, M
Conventional wisdom has an inflation rate between 2% and 3% annually as "healthy". But that allows for a growth economy. As the world transitions to a stable economic model, this may change..😷
Thinkerbell · 41-45, F
Roundandroundwego · 61-69
Inflation makes debts easier to pay and typically wages lead prices. But no more. People hate each other and socialism is off your table. Economic theory like Keynes used is too socialist for people at war and who needs to kill the ecosystem.
DonaldTrumpet · 70-79, M
boRrOWS anDZ GroWS
makEZ MeriKa gratES agaiNz
makEZ MeriKa gratES agaiNz
PalteseMalconFunch · 36-40, T
That isn’t why inflation is good.