Be nice
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Asking a price for something costs 1€ for every 0,50€ now.
I didn't understand this. Could I have an example?
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Henceforth, $1 shall cost $1. Inflation solved.
Does this one need a sarcasm tag? I don't like using em but this joke is going to start zero fun conversations
Sarcasm acknowledged. If it were possible, what do you think the world would look like if inflation were 0% for a few decades? I hope this is a fun conversation. If not, I'll settle for another joke, amusing anecdote or icy silence with a judgmental stare.
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Sarcasm acknowledged. If it were possible, what do you think the world would look like if inflation were 0% for a few decades? I hope this is a fun conversation. If not, I'll settle for another joke, amusing anecdote or icy silence with a judgmental stare.
Judgemental stare
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Bitcoin.
That could actually make it a viable currency. Unless you mean the entirety of all bitcoin in which case lol.
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Sarcasm acknowledged. If it were possible, what do you think the world would look like if inflation were 0% for a few decades? I hope this is a fun conversation. If not, I'll settle for another joke, amusing anecdote or icy silence with a judgmental stare.
The assumed reason for inflation, as I understand it, is that on one hand things devalue over time and on the other we build our system around infinite growth and rewarding innovation (many asterisks here…)
During the Middle Ages, neither statements were considered true, the world was considered stagnant and there was virtually no inflation. That was before the banking system - so with 0% inflation i would expect the banks to collapse…
And then… I don’t know! Stuff is hard and economics harder…
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Sarcasm acknowledged. If it were possible, what do you think the world would look like if inflation were 0% for a few decades? I hope this is a fun conversation. If not, I'll settle for another joke, amusing anecdote or icy silence with a judgmental stare.
The world economies slow down probably.
At negative inflation there is no incentive to spend your money because is becomes increasingly valuable the longer you hold it. With high inflation, there's incentive to spend because the longer you keep your money in the mattress the less it's worth to you.
At zero it just is, but that's less than the usual goal of a couple percent of inflation year over year.
Or maybe I'm full of shit idk.
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$2 now costs $1
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$2 now costs $1
Economy killed in a single move.
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Sarcasm acknowledged. If it were possible, what do you think the world would look like if inflation were 0% for a few decades? I hope this is a fun conversation. If not, I'll settle for another joke, amusing anecdote or icy silence with a judgmental stare.
Most cryptos are deflationary. That seems to cause hoarding.
Having no inflation sounds good to me if paired with no growth in population, but I know little about economics.
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Sarcasm acknowledged. If it were possible, what do you think the world would look like if inflation were 0% for a few decades? I hope this is a fun conversation. If not, I'll settle for another joke, amusing anecdote or icy silence with a judgmental stare.
if inflation were 0% for a few decades
"You obviously know nothing of how the real world works."
Was going to type a whole bullshit essay with random made up stats and facts to make your idle question look malicious and uninformed, but I just cant be arsed. Can we just pretend I was a cunt for mild chuckles?
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the economy
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To whom does the money go?
Free Parking so that the game can drag out indefinitely.
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if inflation were 0% for a few decades
"You obviously know nothing of how the real world works."
Was going to type a whole bullshit essay with random made up stats and facts to make your idle question look malicious and uninformed, but I just cant be arsed. Can we just pretend I was a cunt for mild chuckles?
I can't believe you'd say that about OPs mother. Downvoted, reported, enjoy ur ban kid.
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Sarcasm acknowledged. If it were possible, what do you think the world would look like if inflation were 0% for a few decades? I hope this is a fun conversation. If not, I'll settle for another joke, amusing anecdote or icy silence with a judgmental stare.
I'd enjoy the topic at a less busy time of life. I'm being kept tired, distracted, and poor lately as a systematic form of oppressive totalitarian rule - and that's just from my kid!
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Economy killed in a single move.
We just killed the printing machine of one group. We'll trade other things.
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2 bedroom apartment
Unfortunately a three bedroom still costs $2000, I don't understand it either
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That could actually make it a viable currency. Unless you mean the entirety of all bitcoin in which case lol.
if the US dollar crashes then Bitcoin would do the same, with that drawback why not just use the dollar? (I know nothing about crypto)
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I can't believe you'd say that about OPs mother. Downvoted, reported, enjoy ur ban kid.
wrote last edited by [email protected]In their defence, they raised several valid points about the musical harmony between My Little Pony and eugenics that made my heart swell
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This post did not contain any content.wrote last edited by [email protected]
It now costs $1 to buy everything that a billionaire owns
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if inflation were 0% for a few decades
"You obviously know nothing of how the real world works."
Was going to type a whole bullshit essay with random made up stats and facts to make your idle question look malicious and uninformed, but I just cant be arsed. Can we just pretend I was a cunt for mild chuckles?
I got the same macroeconomics education as a lot of people. I get why 2% inflation is a common target. I do, however, like thought experiments using extreme values.
I wouldn't say it's a particularly idle question by social media standards. Admittedly, that's a pretty low bar. Perhaps I am uniformed. I'm definitely not being malicious.
Can we just pretend I was a cunt for mild chuckles?
