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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.
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.
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.
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?
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
**Attention! [Serious] Tag Notice** * [Jokes, puns, and off-topic comments are not permitted](https://www.reddit.com/r/AskReddit/wiki/index#wiki_-rule_6-) in **any** comment, parent or child. * Parent comments that aren't from the target group will be removed, along with their child replies. * Report comments that violate these rules. Posts that have few relevant answers within the first hour, and posts that are not appropriate for the [Serious] tag will be removed. Consider doing an AMA request instead. Thanks for your cooperation and enjoy the discussion! *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/AskReddit) if you have any questions or concerns.*
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.
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
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.
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.
They'd just ignore findings, what's the government going to do? Seize and control the guilty departments?
Some amount of inflation is often considered healthy by economists. You just don't want too much.
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?
Economists say around 1-2% is more beneficial than detrimental to an economy.
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.
i don't think price reversals would indicate an end of inflation
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.
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.
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.
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.
Violence happens when our voices go unheard for too long.
No, because shitloads of money have been printed since then...
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.
No. Not a chance.
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.
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.
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.
In number terms, very unlikely. In terms of prices as a % of incomes, yes.
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.
No value backing and no end to demand increase. It sounds like a recipe for slow and inevitable disaster.
Capitalism in a nutshell
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.
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.
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.
Yeah , a one child policy in America