• @[email protected]
    link
    fedilink
    -101 year ago

    Yes sir. Wouldn’t want regular folks to be able to retain the value of their savings! Government’s restricted to being fiscally responsible instead of printing their way out of problems with the hidden tax on the poor that is inflation? Ridiculous!

    • @[email protected]
      link
      fedilink
      141 year ago

      Read about the great depression or the deflationary economics in Germany right before the Nazis took power. Deflation sucks, we already experienced it and we don’t need to try it out again.

    • @[email protected]
      link
      fedilink
      31 year ago

      Oof, that’s not how economics works.

      Inflation is good so long as wages are rising with it. It’s killing us right now because wages are stagnating hard right now.