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LightningAce11 09/18/19 6:20:58 PM #1: |
Like "Thanos snap" half the money away, would that drive everything down?
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REMercsChamp 09/18/19 6:22:27 PM #2: |
Sure - agree to pay everyone less at once so society has to conform and lower prices. Everything goes down accordingly
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FL81 09/18/19 6:26:33 PM #3: |
return to the gold standard
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Broseph_Stalin 09/18/19 6:36:03 PM #4: |
deflation is a thing yeah. not something you'd want to live through.
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DK9292 09/18/19 6:36:39 PM #5: |
Return to the old days where payment was "I won't hit you with this rock".
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Flockaveli 09/18/19 7:50:13 PM #6: |
Printing more money causes inflation, so why don't we start burning it?
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TheMikh 09/18/19 8:03:48 PM #7: |
- stop printing money
- stop spending money if you control the supply - raise interest rates if you're lending the money you print to banks - force the rest of the world to buy and use the money at gunpoint, bombing countries that don't fall in line and sanctioning the ones that have or might have nukes --- ... Copied to Clipboard!
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Mistere Man 09/18/19 8:13:22 PM #8: |
Lets ask an expert.
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Zikten 09/18/19 8:16:10 PM #9: |
it would be nice. imagine if you could buy a tv for 10 bucks. and AAA video game new releases cost like 25
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Alteres 09/18/19 8:16:27 PM #10: |
My economics professor was just going on today about how mild inflation is a good thing, the fed tries to keep inflation at roughly 2% and how deflation is a bad thing...
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Questionmarktarius 09/18/19 8:18:56 PM #11: |
LightningAce11 posted...
Like "Thanos snap" half the money away, would that drive everything down? Mexico and Zimbabwe (and a few others) did that, or attempted to anyway, by just chopping a few zeroes off the end of the currency. https://www.latimes.com/archives/la-xpm-1993-01-01-fi-2969-story.html ... Copied to Clipboard!
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TheMikh 09/18/19 8:24:09 PM #12: |
Alteres posted...
My economics professor was just going on today about how mild inflation is a good thing, the fed tries to keep inflation at roughly 2% and how deflation is a bad thing... Deflation punishes short-term spending and certain types of lending. Inflation rewards the government, banks, core bureaucrats, and other cronies. --- ... Copied to Clipboard!
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gloBal enemy 09/18/19 8:28:19 PM #13: |
Alteres posted...
My economics professor was just going on today about how mild inflation is a good thing, the fed tries to keep inflation at roughly 2% and how deflation is a bad thing... I believe most economists follow the Keynesian theories and how government spending drives economic activity and the desirability of stability. Deflation is a bad thing because it ultimately leads to lower wages through constrained economic activity (or falls), etc... Quick summary: https://www.investopedia.com/articles/personal-finance/030915/why-deflation-bad-economy.asp --- If you can understand this, I'm 2/cosC for you. ... Copied to Clipboard!
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