The longer the bubble continues to grow and the bigger it is when it pops, the worse the crash/deflation will be, which is why I say I hope it comes “soon”.
I guess that and so that I can stop having LLMs forced on me.
Oh, and “deflation means you have less money” is a bit overly simplistic. If you’re living hand-to-mouth and don’t have a lot of debt, deflation can actually be a net good thing because a paycheck in the future can buy more than a paycheck of the same size today.
Unless you live in the US, because the reason that your money would deflate is that you would have a lot less of it.
The longer the bubble continues to grow and the bigger it is when it pops, the worse the crash/deflation will be, which is why I say I hope it comes “soon”.
I guess that and so that I can stop having LLMs forced on me.
Oh, and “deflation means you have less money” is a bit overly simplistic. If you’re living hand-to-mouth and don’t have a lot of debt, deflation can actually be a net good thing because a paycheck in the future can buy more than a paycheck of the same size today.
I’m in the U.S. if you’re curious.