• @[email protected]
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    -11 year ago

    Of course inflation is natural. Unless we are all gonna share the same $100 forever it has to happen at least without some sort of perfect foresight so the correct amount of money can be issued.

    What isn’t natural is somehow people are convinced they should be held hostage by business.

    When somehow we are convinced taking out a loan that you have to pay on for eternity (selling stock) that is not natural.

    When somehow limited resources (our time) has less value then an unlimited resource (money) that is not natural.

    • @[email protected]
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      21 year ago

      It sounds like you’re saying why you think inflation is a good idea, not why it’s natural.

      Why not share the same $100 forever? As the value of $100 increases, we can just divide it up into smaller and smaller bills.

      We should be trading our limited time for another limited resource, not an unlimited one. At the time of the trade they’re always equal, but labor in the past should be worth more than that, not less.

      • @[email protected]
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        11 year ago

        Dividing $100 into smaller and smaller pieces is the exact same thing as making money which causes inflation? If you divide it into 200 parts of fifty cents each and you only need 199 then someone has an extra fifty cents.

        • @[email protected]
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          01 year ago

          It’s not the same thing because each person’s percentage of the total supply doesn’t change, like it does with inflation.