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Message
re: I no longer agree with mainstream economists that deflation is bad
Posted on 8/8/26 at 10:55 am to HailHailtoMichigan!
Posted on 8/8/26 at 10:55 am to HailHailtoMichigan!
Deflation is bad because human nature is corrupt
The victims of economic changes are always going to be the lowest of society first followed by the middle class
The rich will stay rich or get richer
The victims of economic changes are always going to be the lowest of society first followed by the middle class
The rich will stay rich or get richer
Posted on 8/8/26 at 11:02 am to HailHailtoMichigan!
Policies are a problem, but they’re not the problem. People are the problem. Greedy, selfish, unscrupulous people.
Posted on 8/8/26 at 12:23 pm to HailHailtoMichigan!
I’d like to disagree with you because you’re wrong the vast majority of the time.
But, I’m not informed on deflationary effects upon the economy.
I do know I hate the inflationary effects upon the economy.
I sure would love to try 0% inflation!
But, I’m not informed on deflationary effects upon the economy.
I do know I hate the inflationary effects upon the economy.
I sure would love to try 0% inflation!
Posted on 8/8/26 at 12:26 pm to HailHailtoMichigan!
quote:
I have a degree in Econ from UC Irvine
my condolences….
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