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0 pointsxrange11y ago0 comments

>government's ability to simply print money and create out of control inflation, which has actually happened many times.

...I suppose that it doesn't even have to be out-of-control for it to have a fairly dramatic effect...

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maratd11y ago

See that wonderful spike upward in the chart you're quoting? That would be the Great Depression.

I assure you, inflation is the lesser of two evils. Deflation is much, much worse.

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0 pointsxrange11y ago0 comments

>government's ability to simply print money and create out of control inflation, which has actually happened many times.

...I suppose that it doesn't even have to be out-of-control for it to have a fairly dramatic effect...

maratd11y ago

See that wonderful spike upward in the chart you're quoting? That would be the Great Depression.

I assure you, inflation is the lesser of two evils. Deflation is much, much worse.

j / k navigate · click thread line to collapse