this post was submitted on 08 Nov 2024
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Deflation just means everyone is already starving. Deflation isn't the start of a process, it's the result of massive failure. Just like inflation doesn't happen the second money is printed, it has to circulate before price inflation is a thing.
What we need are labor groups, and taxes on companies who use government benefits as part of their wage calculation.
In short, never try to make prices go down, instead make wages go up, and make competition control prices.
We've already had a massive failure. The economy doing great and yet everyone's broke? Such a blatant lie! Time to acknowledge and lower prices to end food waste.
Everyone is broke, but still buying everything in the economy? Sorry, time to acknowledge the reality that life is just hard. Deflation happens after it gets really bad.
Bro and/or sis, no one's buying shit, Food Banks are more common then ever now.
More food banks and more spending can both happen at the same time.