Low inflation might be the first step towards deflation. Many economists would argue that deflation is a worse situation for the economy because it leads to a sharp drop of consumption and therefore a huge recession follows?
This is exactly what they do, and will do, it’s why everything managed to continue on without a revolutionary moment after Covid.
We’re so productive they’ve had to thumb suck the numbers for decades to keep the power structures in place. It’s why wealth is concentrating exponentially. All the money they print just flows one way.
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u/StuartMcNight 8h ago
Low inflation might be the first step towards deflation. Many economists would argue that deflation is a worse situation for the economy because it leads to a sharp drop of consumption and therefore a huge recession follows?