It's always ""funny"" when economist say shit like "deflation would be bad for the economy" "we cannot solve it" and ignore the fucking huge reason behind it that causes it. Like fucking billionaires hording all the wealth while average people cant afford to live... But god forbid, it's unimaginable to have a little bit of wealth re-distribution so average people live better and spend more...
Economy is just another term for billionaires private net worth at this point. We should not care about it, only issue is, they privatize winning and socialize losing, so they make it everyone's problem if they gamble and lose...
Economist and Democratic Socialist here. Deflation is REALLY BAD for our economic system. We can redistribute wealth and control of industry without deflation.
But yeah, I feel mostly the same with how our country and world is going right now…
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u/Sotyka94 7h ago edited 2h ago
It's always ""funny"" when economist say shit like "deflation would be bad for the economy" "we cannot solve it" and ignore the fucking huge reason behind it that causes it. Like fucking billionaires hording all the wealth while average people cant afford to live... But god forbid, it's unimaginable to have a little bit of wealth re-distribution so average people live better and spend more...
Economy is just another term for billionaires private net worth at this point. We should not care about it, only issue is, they privatize winning and socialize losing, so they make it everyone's problem if they gamble and lose...
Fuck this word, fuck the Epstein class...