39% of Americans do not invest in the stock market. Fuck them I guess.
Having 2% deflation instead of 2% inflation would be good for the economy. It would be a baseline to compete against for companies and mean less people would invest in bad investments that just beat inflation.
We also need to stop this ludicrous idea of infinite growth of the economy forever in order to be able to afford to retire. It’s detremental to the environment and to the quality of products the economy produces to expect such.
Inflationary policies and fiat currencies are the fuel behind both world wars lasting as long as they did.
Ancient Rome prospered with a strong currency, when they started debasing their currency it started the fall of Rome. The same will happen to us.