Melatonin@lemmy.dbzer0.com to Asklemmy@lemmy.ml · 2 years 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-square91fedilinkarrow-up1367arrow-down114
arrow-up1353arrow-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 · 2 years agomessage-square91fedilink
minus-square🐱TheCat@sh.itjust.workslinkfedilinkarrow-up3arrow-down5·2 years 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.