Did someone shill rdrama.net on /r/conspiracy? We need to do something about the excess of rightoids who distrust the monetary system because they don't understand it.
[IN SITE DRAMA] Dramanauts sneed when confronted with basic economic theory
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Deflation is great for the economy
No boys allowed!! (Except Chewy)
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When there is deflation things are cheaper so that means I can buy more funko pops!
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Why don't you put your econs degree at UChicago to work and post more bad reddit economics dunks?
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Economists generally want a low, controlled, positive rate of inflation. Nobody's defending 8% and nobody wants deflation except goldbugs
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Gold bugs are insane but pretending
Is pretty dumb. There's a reason we target 2%, and defending 8% instead of just reminding people that trump was the cause of it is
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Dramanauts will go out of their way to pretend people are defending 8%, just so they can get angry.
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Central bankers are r-slurs who must subscribe to a certified r-slurred way of thinking. They are continually surprised when the real world "unexpectedly" does whatever is necessary to correct their central bank-inflated bubbles. The way to fix volatile economies begins with shooting anyone who thinks inflation is a good thing in itself right through the liver with an arrow. Preferably a blunt arrow.
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Unless it's from productivity gains. Same quality good gets cheaper to produce, who could hate that? Unfortunately, the Fed can't separate that from the effects of monetary policy.
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Next they're gonna start simping for the gold standard or some such nonsense.
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Only r-slurs keep cash savings. Hyperinflation is the best thing possible for Debtmaxxing chads.
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Remember when the German Weimar Republic went into "printer goes brrr" mode to pay reparations for WWI in bread crumbs?
Self defeating chads who dunk on france remember
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Im confused was your comment pretending to be r-slurred or are you actually r-slurred. Inflation is neither good or bad and its "goodness" is highly dependent on the amount and who you are talking to.
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Inflation is generally considered good. If you think that statement includes high & uncontrolled inflation you genuinely have an insect brain. It's like those fat people who start seething about anorexia when you tell them to put the fricking fork down.
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Its not good or bad and is highly dependent on what you have invested in. Deflation is typically just considered worse due to reasons you likely dont understand.
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Snapshots:
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Even smart people I know will say the stupidest fricking things about the economy. Everyone should have to read Smith Marx and kaynes.
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and Rand
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