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Kidplayer_666 , in I feel the actual inflation

Well, thing is, some product categories probably aren’t suffering the same price hikes as groceries, fuel and rent. Stuff like cable and internet, clothing and office supplies are probably bringing the average down (please tell me if they’re having inflation, I pulled these categories out of my butt).

PenguinJuice ,

I hope we see deflation eventually... I know it's not good for the economy but no one wants to pay 100 dollars for a coke

empireOfLove ,

This breaks the current economic system and will only occur safely once capitalistic GDP and population growth has ceased completely

PenguinJuice ,

Some would argue the current economic system needs a little rattling

empireOfLove , (edited )

I also thinks it needs some rattling. But I don’t particularly want to plunge an additional billion+ people into new food shortages and poverty to trigger the necessary reforms if we can’t help it.

FellowEarthling ,

That’s the fun part! It never deflates! I guarantee lots more prices for consumer goods could have already come down, but damn do they love the idea of keeping those price points where they are. We already need another round of inflation on wages to get to where we were.

nbafantest ,

There have been periods of deflation in the past.

Diprount_Tomato ,
@Diprount_Tomato@lemmy.world avatar

When inflation is up the roof I doubt it’s that bad

Kidplayer_666 ,

Problem with deflation is: what do people do when theres deflation when it comes to optional expenses? Well, they may postepone them in hopes that prices go further down, this means that there’s less demand, prices go downer, businesses may start to fail, putting people in unemployment, reducing demand, and death spiral. Basically same thing as inflation death spiral but with deflation. Consumer confidence is a very delicate thing

dx1 ,

this means that there’s less demand, prices go downer, businesses may start to fail, putting people in unemployment, reducing demand,

I’ve always been skeptical of this and I’m not really aware of historical examples that prove it. The part I just quoted - “less demand, prices go downer, businesses may start to fail” - that means supply decreases too. All that’s really happening if you have a couple % deflation is that people are slightly more incentivized to hold onto their money, and the fact is that currencies don’t just naturally appreciate in value that much, at most in the long term I think you have “the same amount of money in circulation” vs. population growth causing it to chase a slightly larger economy.

agarorn ,

If you want a historic example look at the politics In Germany that got Hitler into power. Wikipedia is sadly only in German, but you can see from the graph that there was 10% deflation in 1932, with bad consequences.

de.m.wikipedia.org/wiki/Deflationspolitik

dx1 , (edited )

I’m sure this does get lumped into “causes of Hitler’s rise to power/WWII” list somewhere. I seem to recall the inflation immediately prior being a lot more famous - that Germany was mandated by treaty to pay reparations after WWII, and that the Weimar Republic printed so much money people were using it as wallpaper or burning it as firewood (supposedly at least). In general, that there was a widespread sense Germany had been wounded somehow, which he was able to capitalize on, telling people to “fight back” against the minority groups he characterized as the forces of oppression. That’d be everywhere between 1918 and 1933 or so. Not so much “the purchasing value of money marginally increased for a one year period prior to Hitler’s rise”.

agarorn ,

It’s a myth that the hyperinflation was the reason for hitlers rise. The hyperinflation occurred in 1923. Hitler tried a coup in November 1923, failed miserably, was thrown into prison and the party was banned for a while. In 1928 they had 2,6% in the election.

de.wikipedia.org/wiki/Reichstagswahl_1928?wprov=s…

Only during Brünings deflation politics the nsdap gained momentum. The vote 1930 gave them 18,3% and in 1932 37,3%. Now compare that to the deflation graph of the other Wikipedia link I gave last comment.

dx1 ,

Well, simply attributing it to either side of inflation/deflation is overly simplistic. The simple way of putting it is that people were unhappy in Germany and Hitler was able to capitalize on it in a political campaign against a supposed cause. The German economy in general was on shaky ground following WWI but this was alleviated partially by the Dawes/Young plans, right up until the Great Depression actually started affecting that foreign aid and the economy took another major hit, at which point the Nazis were able to use this as evidence of a “failure in leadership” from the current government, getting Hitler appointed as chancellor, then Reichstag fire started & he seized power.

agarorn ,

This is a big step away from your “hyperinflation lead to Hitler” claim before.

dx1 ,

Well, that’s not what I wrote.

Kidplayer_666 ,

It probably only is problematic in the same amount that inflation is bad. If it’s a little, it’s fine. If it’s a lot, you’re screwed

dx1 ,

TBH this strikes me as the kind of thought that doesn’t come from careful consideration of how it would actually play out.

ImplyingImplications ,

no one wants to pay 100 dollars for a coke

Reminds me of a comic strip where a guy goes to Japan and orders a coffee. The cashier says the total is 300 yen and the guy says “damn, coffee is expensive here!”

PersnickityPenguin ,

I just checked, it’s actually 150 yen for a coffee.

ericisshort ,

Still sounds a lot more than the $3 I pay here (even though it’s less than half as much).

agarorn ,

If you get normal inflation of 2%, you will never see a 100$ coke. The cumulative inflation in 100 years in “only” 700%.

Diprount_Tomato ,
@Diprount_Tomato@lemmy.world avatar

Doubt it’s such a huge difference to make a significant impact

_Sprite , in pugs are a cruel human creation
@_Sprite@lemmy.world avatar

That looks like a bird

breathless_RACEHORSE , in cucumbers and watches

I don’t know why I’m laughing, but I’m laughing harder than I have in a long time. Quality posting.

googa , in Have you? (I haven't)

deleted_by_moderator

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  • whataboutshutup ,

    Why. won’t. you. die. already.

    ElBarto ,

    Just block em, weirdos like that enjoy any response yo their shit.

    Thecalicocar , in Feels good to win boys

    What the dog doing ?

    Agent641 ,

    Auditioning for new wife

    sselmraH , in Canadian Taylor Swift

    What’s this all abooot?

    elrac , in Canadian Taylor Swift
    @elrac@kbin.social avatar

    She's not your buddy, pal

    Saturdaycat ,
    @Saturdaycat@kbin.social avatar

    She's not your pal, friend

    LoyalOrange503 ,
    @LoyalOrange503@lemmy.world avatar

    She’s not your friend, mate

    Nastybutler ,
    Beowulf , in More of a uniform than a costume.

    I hate cities because of the amount of idiots driving there. If it were harder to get a driver’s license then I wouldn’t mind at all

    BigNote ,

    Fair play. That said, you get used to it.

    dangblingus , in Feels good to win boys

    You own a house. You already won even if you lost the argument.

    Mowcherie ,

    He’s just renting.

    Moc OP ,

    Proud to support my landlord’s lifestyle

    EhList , in More of a uniform than a costume.
    @EhList@lemmy.world avatar

    The guy pictured who sings about small towns grew up entirely living in cities.

    SubArcticTundra , in cucumbers and watches
    @SubArcticTundra@lemmy.ml avatar

    my brain

    TheDankHold , in Not even FS Meter is safe

    There’s a time for both tbh. If you want to just fuck around then items and stuff are a lot of fun. But if you’re playing from a competitive mindset many of these mechanics get in the way of the parts of the game they love the most. In fact, I think my experience playing without items made me more effective with them when I played with people that wanted them turned back on.

    The important thing is that you play the rule set everyone playing will have fun with. That’s why the customization of rules has always been pretty in depth.

    DudeBro ,

    Smash Ultimate’s ruleset manager is a treasure. I have a ruleset for 3 stock no items final destination sweaty mode, one for 3 minute timed match w/ items so everyone can play at the party no matter how often they die, one for stamina no items w/ FS meter so its like a classic fighting game, one where you can only throw homerun bats at each other, one titled BOMBS SUDDEN DEATH, etc. Fucking phenomenal.

    coco , in sudo rm -🇫🇷 /*

    Pourquoi ??? Why ??

    ilost7489 ,

    Because french

    Diprount_Tomato ,
    @Diprount_Tomato@lemmy.world avatar

    Fr*nce

    afraid_of_zombies , in Don't Make Me Tap The Sign

    Up vote = I agree

    Down vote = I disagree

    Reported = I super disagree

    And anyone who says that they don’t do this is a bloody liar.

    Professorozone ,

    I’ll say it and I’m not a liar.

    Upvote= needs to be seen more. (I could disagree strongly but feel others should see it. )

    tacosplease ,

    I don’t report things I disagree with, but I type long responses and usually delete before sending so ha! That will show them.

    Ronath ,
    @Ronath@lemmy.world avatar

    I’ll downvote propagation of memes I don’t like.

    limerod ,

    Removed = I did not like it :(

    fushuan ,

    For me is

    I agree: upvote

    I disagree: nothing or maybe response

    I think they rare stupid or a troll: downvote and block.

    I’m fed up with something and it keeps popping up: mass downvotes.

    Stinkywinks , in Don't Make Me Tap The Sign

    If everything is upvoted then doesn’t that kind of defeat the point? Isn’t the point of voting to raise the good stuff to the top? So I don’t have to browse furry porn to see some news highlights or shitposts.

    Korne127 ,
    @Korne127@lemmy.world avatar

    You mean you don’t have to browse news highlights or shitposts to see furry porn

    sabreW4K3 OP ,
    @sabreW4K3@lemmy.tf avatar

    You can not upvote stuff you don’t feel is particularly tailored for you

    UrPartnerInCrime ,

    This man’s playing both sides so always ends up on top.

    sabreW4K3 OP ,
    @sabreW4K3@lemmy.tf avatar

    I’m selfish, I created a bunch of communities I want to see become successful enough that I can hand off to other people to moderate. That requires me trying to create an environment where people are comfortable posting.

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