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?
Capitalism: a system so great it needs to be bailed out every 10 years
Edit: for those of you who refuse to look anywhere outside the US, the Nordic model has existed for over 90 years and is extremely successful. The countries that use it consistently rank highest in happiness, quality of life, work life balance, has low rates of corruption, and are economically competitive
Your taxes go towards funding the department, you have an emergency, they come save you.
Pretty straightforward; unless you live in one of those "unincorporated" hell-scapes where you have the option of donating to the volunteer department, and if you don't they don't have to help.
There is always going to be capitalism even in a socialist system.
We’ve unironically coup’d foreign governments(ie Iran) for threatening to do what Norway did with nationalizing their oil reserves.
It’s insane to me that we sell federal land to private companies to exploit, rape, and pillage for what would be pennies on the dollar for the amount of wealth they extract from it.
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u/StuartMcNight 9h 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?