I mean, I don’t disagree with you on that. I didn’t think your first comment quite conveyed this nuance, and deflationary economies are terrible for everyone.
I don’t think local economies from millennia ago are similar enough to compare to modern global economies with our current population boom. I think we could for sure have a different approach if our population was stable or decreasing.
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I’d love to see any evidence or logical arguments that an inflationary economy is worse than a deflationary one.
Inequality since Nixon because of the Cantillon effect
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I mean, I don’t disagree with you on that. I didn’t think your first comment quite conveyed this nuance, and deflationary economies are terrible for everyone.
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I don’t think local economies from millennia ago are similar enough to compare to modern global economies with our current population boom. I think we could for sure have a different approach if our population was stable or decreasing.
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What a wide window, but I’d like to point out that the baby boomers generation happened right around this time.
Fertility rates and total population numbers are not the same thing.
Inflation is only a recent phenomenon.
https://nma.org/wp-content/uploads/2016/09/historic_gold_prices_1833_pres.pdf