• 57 Posts
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Joined 2 years ago
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Cake day: April 9th, 2024

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  • you should go to China and ask average Chinese people about how they feel about their “cheap groceries”.

    Have you done this? What did they say?

    wealth inequality is a huge problem, and attribute it to inflation is naive. the rich has power in a capitalistic society, they will win no matter we are in an inflationary or deflationary economy. to think deflation will be good for the working people is very naive.

    You haven’t disproved my point about inflation being a tool for the ruling class to recoup the gains of the working class, which it is. You’ve just said “they will win no matter what and deflation is not good for working people” without explaining why.

    Can you elaborate on why deflation is bad? Do you think inflation isn’t a result of workers having more money to spend and businesses raising prices to maximize profit?










  • Deflation is a great thing.

    The working class has been conditioned to think it’s “bad” and inflation is “inevitable” because inflation is how the ruling class recoups any gains the working class has made, with interest.

    Personally, I think it goes a bit deeper than this. Insecure people always want to feel they “know” everything, so they will often overreach and make claims about something they don’t understand just to look smart and fit in. For example, always using the word “consumer” instead of “customer.” They want to sound smart, like they went to school and learned about consumers, but they don’t realize how they’re acting without thinking. It’s all a show to avoid admitting they don’t really know what they’re talking about.

    Inflation is the same. Since it’s almost guaranteed to happen and it benefits the ruling class, the average worker has been conditioned to see it as beneficial. They are praised for going along with the narrative that inflation is necessary and it makes them “feel smart” even if they are incorrect.

    Saying “communism doesn’t work” is another example.