Be nice
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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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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?
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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.
No, that sounds about right. Deflation is pretty consistently devastating.
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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)
Less tracking? Marginally lighter physical wallet? Idk, crypto is a scam as far as I can tell. Sure you can make a whole bunch of money and we've decided its legal but its somehow both an investment where you can make and lose millions and a currency to pay for absolutely nothing I've ever seen. If there was just one or if a few were based around NAFTA, BRICS or EU whatever it could make sense. But every scummy podcaster and 4chan memer makes their own to scam the participants.
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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.
I wasn't even considering crypto. Thanks for the insightful example.
That's an interesting point. I wonder what it would look like if inflation were targeted to population growth percentage rather than a fixed number.
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I wasn't even considering crypto. Thanks for the insightful example.
That's an interesting point. I wonder what it would look like if inflation were targeted to population growth percentage rather than a fixed number.
You're welcome! I like my floss to stay the same price.
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Judgemental stare
I felt that like: ಠ_à²
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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!
wrote last edited by [email protected]Fair enough. Thanks for taking the time to respond.
I'm being kept tired, distracted, and poor lately as a systematic form of oppressive totalitarian rule - and that's just from my kid!
Hiyo! I really got a kick out of that.
You stay brave, Little Hitachi Wand.
Edit: Forgit tu spel gud
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You're welcome! I like my floss to stay the same price.
Same. I got one of those large dispensers like dentists use and the corresponding bulk rolls of the nice ribbon style floss to fill it. I only ever use the regular sizes for traveling now. Keeps costs and plastic waste down. I don't have to think about it for years at a time. It's a small thing, but I like it.
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Fair enough. Thanks for taking the time to respond.
I'm being kept tired, distracted, and poor lately as a systematic form of oppressive totalitarian rule - and that's just from my kid!
Hiyo! I really got a kick out of that.
You stay brave, Little Hitachi Wand.
Edit: Forgit tu spel gud
You did say jokes were one of the options, and I didn't get nearly funny enough to cope with my trauma by skipping a chance to get silly.
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Housing.
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It now costs $1 to buy everything that a billionaire owns
I'd buy that for a dollar.
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You did say jokes were one of the options, and I didn't get nearly funny enough to cope with my trauma by skipping a chance to get silly.
I hear that. I take every chance I get.
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In their defence, they raised several valid points about the musical harmony between My Little Pony and eugenics that made my heart swell
I'm trying really hard to interpret this, but I feel like I'm missing some context.
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Star Trek matter replicator (batteries included)
