4chan archive /biz/ (index)
similar threads
2021-01-30 06:41 27161134 Anonymous (1609759500929.png 1100x1007 504kB)
Why is a little inflation good?

1 min later 27161294 Anonymous
>>27161134 it's not. governments cant handle deflation though.

2 min later 27161378 Anonymous
>>27161134 I made that pepe

2 min later 27161403 Anonymous
So government can pocket the newly printed money at the expense of your fiat holdings losing value

2 min later 27161426 Anonymous
it's "good" because it encourages investing, and usually people are retarded and lose money investing, kikes love that

4 min later 27161543 Anonymous
>>27161134 We have had massive inflation for a while. Housing, medical, education have all gone bullshit.

4 min later 27161570 Anonymous
To give the illusion of economic growth ie steal wealth from the lower and middle class and give it to the asset holders ie Jews.

5 min later 27161649 Anonymous
>>27161134 more money=better

7 min later 27161838 Anonymous
basically it keeps people from putting all their money in storage (banks, cds, bonds etc). its the pressure to make you spend since if tomorrow your dollar will be less you will want to spend it today. it keeps money being spent and thus the economy running. there's ways to curtail it and to encourage it but thats too much macroeconomics stuff that I want to type for your lazy asshole

9 min later 27162013 Anonymous
>>27161134 Allows the government to rob you 1865-1913 was the most prosperous time in American history and it happened in a time of deflationary monetary policy.

11 min later 27162225 Anonymous
>>27161134 because the opposite is bad

13 min later 27162318 Anonymous
>>27161134 Because money gets stuck and sits in people's accounts, money gets lost in unreachable voids

16 min later 27162583 Anonymous
>>27162225 How is deflation bad if I don't care about consumerism?

18 min later 27162707 Anonymous
Inflation is not and never is good in the long term, this is because inflation is a hidden, regressive tax on the goyim's shekels. Only big governments and faggots who want the government to expand think inflation is a "useful tool". Inflation can only happen after an increase in the money supply btw.

19 min later 27162775 Anonymous
>>27162707 but..but isnt inflation the natural increase of prices over time?

19 min later 27162812 Anonymous
>>27162583 Consumerism is just the ugly side of technological innovation. Basically, to get computers to the point where they can solve the protein folding problem, you need to convince 3 billion people they need to own a computer of some sorts and upgrade it with a new model every couple of years.

19 min later 27162823 Anonymous
>>27162225 >my money becomes more valuable over time instead of less yea that would be terrible

20 min later 27162866 Anonymous
>>27161378 I made the challenge accepted stick figure meme and got mad when peopöe started printing it on shirts and coffee cups, making profit. I should have copyrighted it

20 min later 27162901 Anonymous
>>27161134 that pepe i made it

21 min later 27162943 Anonymous
>>27161134 Doge has the right amount of inflation. It should be the global currency. If only it were a stable coin.

21 min later 27162945 Anonymous
>>27162775 no, prices should be going down not up since the methods to create the products become better to be more competetive.

21 min later 27163016 Anonymous
>>27161134 Increases the velocity of money. AKA you're wife who's cucking you can spend more on her toes, nails, and underwear for her boyfriend.

22 min later 27163055 Anonymous
>>27162583 the economy cares about consumerism

22 min later 27163056 Anonymous
>>27161134 its absolutely not. It only exists to excuse usury, an entirely jewish practice and does a poor job of it.

24 min later 27163277 Anonymous
>>27161134 this thread is anti semitic, I'm calling the cops >>27162812 technical progress has nothing to do with demand, as long as there is money, inflation or deflation, the manufacturer has all the reasons to make their computers more powerful for the money spent, otherwise someone else will steal their profits if anything consumerism just keeps people from innovating because they waste their time consuming useless shit in a non productive loop, which includes also entrepreneurs and scientists

26 min later 27163404 Anonymous
>>27161134 Depends on what you mean by "good". If we're talking about a modern fake-ass economy that doesn't actually create anything, and is just a shell game of "service" bullshit and make-work, inflation is a necessity. The reason is because having the currency devalue itself over time incentivizes people to spend their money on bullshit and keep the ponzi economy going. Imagine a world where the currency was deflationary. Simply saving your money and not spending it on anything would mean that your wealth grows over time. This would lead to a ponzi service economy going kaput because nobody is willing to part with their money. Kinda like how you can technically buy stuff with BTC if you want to, but few people actually do that. Why would I spend BTC on a cup of a coffee when I think that BTC is going to 4x in price within the next year? Why would I spend that rather than the fiat currency I have that is worth less and less each day anyway?

27 min later 27163505 Anonymous (Untitled216_20210130100325.png 500x500 155kB)
>>27161134

28 min later 27163614 Anonymous
>>27163277 >consumerism just keeps people from innovating because they waste their time consuming useless shit in a non productive loop yup. the typical "a little inflation helps the economy/drives innovation is just a story that the government tells you so they can keep printing money.

29 min later 27163692 Anonymous
>>27161426 keeping up with inflation isnt particularly difficult, but beating it is the hard part

29 min later 27163701 Anonymous
>>27161426 This

31 min later 27163846 Anonymous
Because people won't want to spend if they can just wait and get more. You want just enough inflation.

31 min later 27163847 Anonymous
>>27163404 since bitcoin exist, we're in a deflationary world. except not everyone is aware at the moment. using fiat to buy coffee is the same as using bitcoin. there's no difference between those since you can convert one into another instantly for almost nothing. think about that.

35 min later 27164117 Anonymous
Inflation or deflation doesn't really matter (except for super high levels that just make it difficult to transact). What matters is inflation compared to "risk free" interest rates (anything that if it would fail - it would pretty much be the end of the world anyway - like US government bonds). The difference in that amount, risk free return - inflation, determines what a profitable business is. For example, if inflation is 2% but risk free bonds give 4%, there is no point to run a business that gives less than 2% return. Ideally the different, risk free rate - inflation, should be around the average productively rate of the economy to encourage businesses to be established that increase the productively rate. The problem is right now, inflation (real inflation, not CPI) is high but US bond rates are low. Real inflation is about 10%, but rates are near 0%. So a business that just sits on assets that keep at least 90% of their real value YoY is a profitable investment. This encourages the creation of non-productive companies and excessive use of leverage to sit on assets, regardless of the fact real inflation is high.

41 min later 27164642 Anonymous
>>27161378 >>27162901 It was me whomst made that pepe

59 min later 27166140 Anonymous
its not only jews think that

59 min later 27166187 Anonymous
>>27161134 It's bullshit. Don't listen to retards.

1 hours later 27166266 Anonymous
>>27161378 >>27164642 this is why we need NFTs... for the rare pepe creators

1 hours later 27168040 Anonymous
>>27161134 It's not, thats just another trick to fleece the goyim.

1 hours later 27168070 Anonymous
>>27161134 Its not. Thats a lie (((economists))) tell the public because rich people make more money when it’s impossible to “save” your way out of poverty. They often say “it prevents people from hoarding money and that stimulates the economy”. Really think about what the term “hoarding money” means. Its exactly what your grandparents did to buy their first house.

1 hours later 27168257 Anonymous
>>27161134 Inflation is good for nation parasites, not much else

1 hours later 27168339 Anonymous
>>27161134 Because the people who grossly overspend can pay their debts off cheaper.

1 hours later 27168513 Anonymous
Inflation is only bad if it outpaces the interest rate, which coincidentally have been maintained at 0.25% since 2008

1 hours later 27168553 Anonymous
>>27161134 people are retarded and slowly lose physical monies so a little bit is good to replace it now that everything is digital in banks there is no reason for it and its just a way for (sales points) to charge you more for less

1 hours later 27169952 Anonymous
>>27161134 it isn't

2 hours later 27171261 Anonymous
>>27161294 This

2 hours later 27171836 Anonymous
>>27171261 yeah, people get pissed if their taxes go up to pay for something, but for some reason if the gov just prints the money to pay for the same thing, people are fine with it.

2 hours later 27172030 Anonymous
>>27161134 Because as time passes, the population rises, technology evolves, businesses become more productive, so you want more currency to match the growing number of goods. Otherwise people will horde cash since it can buy more tomorrow. that's the story anyhow

2 hours later 27172203 Anonymous
>>27161134 Because if people know their money will be less valuable in the future then they'll spend it today which grows the economy. Deflation is bad since people know their money will be MORE valuable in the future so they don't spend it.

2 hours later 27172416 Anonymous
>>27172030 This. Basically it's just to keep up with growth/hoarding.

2 hours later 27172463 Anonymous (this.jpg 1254x702 130kB)
>>27161426

2 hours later 27172474 Anonymous
>>27161134 If there is no inflation and your currency's value grows over time (as with a gold standard) you end up in a situation where people have the incentive to hoard all of their money as it grows in value and spend as little as possible. Basically, those with money will get rich by sitting on it and doing nothing. WIth inflation, the money has to be invested somewhere to outpace inflation.

2 hours later 27172613 Anonymous
Buffer against deflation. Also makes interest rates work.

2 hours later 27172873 Anonymous
>>27161134 well, the textbook explanation i learned i high school is that it encourages consumption, and discourages people from sitting on their fat stacks.

3.179 0.097