If you think your opinions don’t matter, that the world in front of you is too great of a mountain to move, that you are struggling against a mighty machine too powerful and too organized for you to stand against, keep this in mind - https://en.wikipedia.org/wiki/Emu_War

  • 1 Post
  • 5 Comments
Joined 1 year ago
Cake day: June 17th, 2023
  • the_kung_fu_emu@lemmy.worldtoNews@lemmy.world•Consumers are tired of inflation. But some retailers fear falling pricesEnglish
    12·
    10 months ago

    What are the root causes of that deflation though? I would posit the over extension of the Chinese economy in an effort to mimic “Number go up” results without the required fundamentals (see evergrande).

    I see “inflation is good” parroted a lot, without much analysis as to why. I understand how continual inflation is a major driver of modern western economies, and those steering those economies require it to support current polocies and the general status quo. However, that being said, I fail to see how that makes it required for things to be “OK”.

    The price of a raspberry “inflates” in the winter, and “deflates” when in season. The price of commodity consumer electronics is in a continual state of deflation, as new teohnology emerges. At the microcosm prices move in both directions frequently, and are just deemed adjustments. Why then, at the macro scale is a continual increase in pricing considered a sign of economic health?

  • the_kung_fu_emu@lemmy.worldtoNews@lemmy.world•Consumers are tired of inflation. But some retailers fear falling pricesEnglish
    191·
    10 months ago

    When’s the last time the US saw significant deflation? The 30’s? Can’t say I blame them for their fear. But they’ll see no sympathy from me! We’ve seen two whole generations born, raised, and passing away in the age of “Number always go up!” business. At least the greatest generation grew up hearing stories of difficult times when it was the unions and collectives that brought them through the darkness. I’m sure current business leadership has no clue how to face this. It’s passed out of living memory.