Damus

Recent Notes

note1gy85v...
Maldy profile picture
Even though this will probably get me a lot of negative reactions. To a certain extent I can see the point of inflation. For instance one problem in a deflationary economy is the fact that wages would have to decrease over time because money obviously gets worth more and I don't see how anyone would accept receiving lower paychecks regularly. Our minds just work differently. I know it's just a matter of habit, but it's going to take some time for people to accept this kind of economy. I realize this is a weak argument, but it needs to be addressed.