So why is there always inflation? Maybe we're living off the future?
this post was submitted on 07 Feb 2024
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Politicians and CEOs all have the inflation fetish. Simple
The federal reserve giving money to banks to give out as loans is why inflation is skyrocketing
An inflation rate of around 2% is healthy. It forces people to invest in stuff. If there wasn’t inflation, people would just hide their cash under their mattress, no loans would be given to anyone, it would be bad.
So because of infinite growth? But we know that's not sustainable.
Infinite growth is fine when the thing growing isn't real, like money. Money is not a resource we find in reality, it's purely a human-made representation of value. It's only when it spreads to real resources does infinite growth become a problem.
No thanks. There are enough proer explanations without engaging in lolbertarian/goldbug conspiracies.
The Nixon Shock isn't a conspiracy
No, but that website is still idiotic. Nixon shock isn't the sole reason either.
Do you have a link to share?
A link for?
isn't the sole reason
So is the meme about the U.S. switching to the USSR because the U.S. ran out of food to provide to people like what literally happened in the USSR?
Conquest of bread predates the USSR but I suspect Kropotkin wouldn’t be a fan
There was food stability in the USSR, just like any developing country it became more food secure as it developed. The only way the US would become less food secure if it collectivized agriculture would be if it also destroyed all of its infrastructure.
Plus, the title refers to an Anarchist title. This is a meme that aligns more with Anarchism than Marxism-Leninism.
Locking post because some conversation threads have become unproductively rude.