this post was submitted on 19 Sep 2024
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Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

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[–] [email protected] -5 points 1 month ago* (last edited 1 month ago) (1 children)

This is the primary reason that inflation exists—so that business/corporations (the owner class) can steal more of your hard-earned money.

[–] [email protected] 12 points 1 month ago (1 children)

Uh, no, the primary reason inflation exists is so that there is an economy, lol.

If there was deflation, the 'optimal' thing to do with your extra cash would literally be to stuff it under a mattress.

Too much inflation is obviously bad, but deflation is also really bad. A tiny amount of inflation is optimal long-term.

[–] [email protected] 4 points 1 month ago (1 children)

I might need an ELIF on this, but why any type of -flation? Why not have a dollar today be equal in purchasing power to a dollar 40 years ago, or 40 years in the future?

[–] [email protected] 1 points 1 month ago

Short answer is: to incentivize investment/entrepreneurship etc., which is good for the economy as a whole.