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Luke · 3w
Thank you
Luke · 3w
I actually started the audiobook for extra a couple weeks back, but when they said plan on studying for 2-3 months for extra, I knew I was going to need more than an audiobook for that one, and I really didn’t have the time today for the 50 questions on that one, I did however pass General just no...
FoxByte profile picture
My family was talking about inflation today... And how the federal reserve helps maintain a good economy for everyone.

So I wrote this to them...

The costs of goods and services should naturally decrease over time. A loaf of bread used to cost 25 cents, this was back when the wheat was sewn by hand, picked by hand, and ground by a wind or water. Wheat is now grown genetically modified and with insecticides to increase yield, mass-harvested with automatic combines, ground in large quantities in giant mills, baked in industrial ovens, and shipped mass quantities to your local supermarket for $5. Where did the cost savings go of doing things a more efficient way??Economies are naturally deflationary. #Inflation is both abnormal and theft.