Melatonin@lemmy.dbzer0.com to Asklemmy@lemmy.ml · 1 year agoHow come we experience so much more inflation than deflation? in other words, why does our buying power decrease far more often than it increases?lemmy.dbzer0.comimagemessage-square161fedilinkarrow-up1467arrow-down116
arrow-up1451arrow-down1imageHow come we experience so much more inflation than deflation? in other words, why does our buying power decrease far more often than it increases?lemmy.dbzer0.comMelatonin@lemmy.dbzer0.com to Asklemmy@lemmy.ml · 1 year agomessage-square161fedilink
minus-square🐱TheCat@sh.itjust.workslinkfedilinkarrow-up4arrow-down9·1 year agoBecause capitalism = cancer. It survives on endless growth. it hates retraction, even if the host survives longer. So they print money and target inflation. They take actions that MAKE it so things never deflate.
Because capitalism = cancer. It survives on endless growth. it hates retraction, even if the host survives longer.
So they print money and target inflation. They take actions that MAKE it so things never deflate.