this post was submitted on 19 Sep 2024
1425 points (98.8% liked)

Work Reform

9834 readers
371 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 12 points 2 days ago (1 children)

Uh, no, the primary reason inflation exists is so that there is an economy, lol.

If there was deflation, the 'optimal' thing to do with your extra cash would literally be to stuff it under a mattress.

Too much inflation is obviously bad, but deflation is also really bad. A tiny amount of inflation is optimal long-term.

[–] [email protected] 4 points 1 day ago (1 children)

I might need an ELIF on this, but why any type of -flation? Why not have a dollar today be equal in purchasing power to a dollar 40 years ago, or 40 years in the future?

[–] [email protected] 1 points 1 day ago

Short answer is: to incentivize investment/entrepreneurship etc., which is good for the economy as a whole.