• @Cryophilia
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    34 months ago

    Actually, it will never go negative (I hope) because if it goes negative we’re probably in for a massive global recession that will introduce untold suffering.

    You think they aim for 2% because that’s what’s good for rich people? 2% is the magic number for the whole economy.

      • @Cryophilia
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        54 months ago

        Aaaand now we get to the “don’t trust the experts, they’re all liars” phase

      • drphungky
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        English
        44 months ago

        Just learned I was funded by rich people. Did I miss a paycheck somewhere?

        -an actual economist, telling you deflation is bad

      • @WoodScientist
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        24 months ago

        Populist candidates used to actually argue for higher inflation. See the free silver movement of the late 19th century. With some inflation present, the real value of all debts goes down over time, as long as you make the interest payments.

      • ObjectivityIncarnate
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        14 months ago

        Who taught you that? Remember, [well poisoning the myriad of sources that would clearly show that’s correct]

        lol