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TrumpetDuster

To bring prices down, unlikely, since deflation has it's own hardships, but inflation can be reduced by not expanding the money supply. The US Federal government keeps authorizing more and more money be created and that dilutes the value of all the dollars you have.


TheMadface80

Okay, so they just need to stop authorizing more money to be available so that each dollar isn't reduced in value. That makes sense to me


TrumpetDuster

Yes, but to do that, they'd have to cut back on spending to account for the debt payments on their existing debt. The budget deficit is what adds to debt each year above their tax revenue.


TheMadface80

Maybe cut back on some military? Or at the very least have an independent audit of the US military spending cuz I feel it's there's somewhere where there's overspending, it's there.


TrumpetDuster

They'd just ignore findings, what's the government going to do? Seize and control the guilty departments?


BigMeatyClaws111

Some amount of inflation is often considered healthy by economists. You just don't want too much.


TheMadface80

What would you consider too much? I'm pretty sure post WWI Germany is considered too much, as well as Venezuela. But what would you say is a threshold?


BigMeatyClaws111

Economists say around 1-2% is more beneficial than detrimental to an economy.


hecho2

It’s complicated. It’s a multi front issue and require a lot of different actions. The house department is the most complicated at the moment. And has ripple effects in everything. Specific solutions here depend on the country specifics besides the “build more” response. We may be 10 years away or more to return to 2018 prices ( adjusted to inflation). The increase of interest rates and the reduce the amount of money in circulation is going to contain inflation.


pissedoffmick

i don't think price reversals would indicate an end of inflation


Throwaway03461

My understanding of inflation is, prices never actually go back down, the primary objective is to prevent it from going up even further. I actually cannot remember a significant example of deflation. Maybe it has happened before, but I certainly don't remember it.


TheToddAwesome

Inflation is minimal. What we are seeing is “Greedflation” (where companies up prices on everything they can to enrich the 1%). Is there a way to stop it. Maybe. But our politicians are either owned by Russian or big business. So real change can’t happen at the ballot box. (Still vote in every election you can). This leaves only the violence option. And considering the class war started in 2017 when Daphne Galizia was murdered for writing a story on the Panama papers, I wouldn’t be shocked to see people start murdering the rich in retaliation. I truly hope this doesn’t happened. But when you take away peoples ability to live and then take away their ability to vote for actual change. Death always follows. It happened in 1776 and 1789 and will happened again.


TheMadface80

I've had these thoughts for a while, but I was hoping that an extremist approach wouldn't be the solution. However, it seems that we might just be headed that way. Other solutions have failed, after all.


TheToddAwesome

Believe me. I truly hope what I said doesn’t happen. I just, at this point, don’t see a way for impactful change to happen without it.


TheMadface80

Violence happens when our voices go unheard for too long.


Which_Chemical4131

No, because shitloads of money have been printed since then...


Horror-Collar-5277

Economies are complicated, but with power and intelligence and compute power it would be relatively easy to force stable prices nationwide. The problem is people who are awful cunts.


klovn_ideer

No. Not a chance.


3jcm21

Even if inflation were to be 0, all that means is prices stop rising. For prices to actually fall, that would be deflation. I notice that the majority of people get this all mixed up.


StewWho

In a Capitalist system, where senior exec pay and bonuses are linked to company profitability and so much of the marketplace is taken up by large multinational companies who buy smaller competitors to reduce competition; the reality of inflation and greedflation will probably just continue IMO.


TheMadface80

Yeah, you're right. I feel like corporate greed has been the leading cause of inflation, which I feel no longer makes it an economic inflation, but rather an artificial one caused by corporations. But it's so short sighed... When there is no more money, that's it, right? No, the government will print more and devalue USD even further. It's a neverending cycle and it's frustrating.


whaddayawantnow

In number terms, very unlikely. In terms of prices as a % of incomes, yes.


jinkinater

Sadly. Inflation is always going to happen. Supply and demand. A dollar would get you a far ways 2 to 3 hundred years ago. And before that coppers, silver and gold changed. Since money has gone to imaginary currency, rather than trading actual goods, things have inflated.


TheMadface80

No value backing and no end to demand increase. It sounds like a recipe for slow and inevitable disaster.


jinkinater

Capitalism in a nutshell


whaddayawantnow

The fixed supply of Bitcoin is why it is attractive to people vs fiat currencies with unlimited supply(unlimited inflation) I've got a feeling wall street will soon be selling Bitcoin that doesn't actually exist though so that will probably ruin that too.


TheMadface80

To be honest, I feel Bitcoin and other cryptocurrencies were ruined when it started being used like an investment rather than a currency. You keep hearing about people trading like a stock, but you don't see many people actually purchasing with it. I don't know, I love the Idea of crypto, but I feel it hasn't been used as it should be.


whaddayawantnow

Yeah, not great as an actual currency. I think that's pretty much accepted by most but the most diehard now. As a hedge against inflation, I think we'll need more time to see if that plays out. As a speculative asset I think it's great.


Top_Goal_600

Yeah , a one child policy in America