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Because you believe it to be a good investment? Why did people invest in G.E. years ago? The government wasn't pumping the markets full of money, people simply believed it was a company that would do well and grow.
I'll ask you since grey hasn't answered. If today we had zero inflation and you had a chance to invest in a start up like Tesla which you believed to be the future of transportation, you are saying you would sit on your money instead?
P.S. the government wasn't lying about inflation years ago either.
You aren't listening.
Why would I invest a $1 today if it is worth more by simply holding it until tomorrow?
Why would I spend $1 today if prices will be lower tomorrow?
Many of our fellow posters have come up with wild speculation which they call "the reason inflation is good". And most of it has no connection with inflation.
Quote:
Originally Posted by Little-Acorn
You know, when your mentor Dr. Goebbels told you to repeat a lie often enough and it will become the truth... he was lying to you. You realize that, don't you?
Making it THIS obvious that you have no actual basis for your claims, will make fewer people believe you, not more.
Inflation is bad for the reason I pointed out.
The only people who think it is "good", are people who "borrow" and run their entire lives on "borrowed" money. Because inflation means they don't have to pay most of that value back.
And government is the biggest borrower. Bigger than anything that has ever existed in the history of our nation. So of course they go around chanting "inflation good, deflation bad", as you just did here. Because it's good for them... but not for normal people.
You have to prove why inflation is worse than deflation.
So far, every modern sovereign government agrees with me on the stance that deflation is worse than inflation. You can't have both. Pick one. Which is worse?
You have to prove why inflation is worse than deflation.
So far, every modern sovereign government agrees with me on the stance that deflation is worse than inflation. You can't have both. Pick one. Which is worse?
Answer the question or don't respond. Don't deflect.
Which is better, inflation or deflation? Why will governments literally bend over backwards to prevent deflation?
Neither, it is not a black and white question. There is no "answer" to this. Back to another point I made earlier that no one touched.
Televisions are far cheaper today than 20 years ago. Every year they get cheaper. Has the growth of televisions increased or decreased? Should the government intervene to prop up prices?
For the same reason people chase profits every day. Someone in the market making 2% sees something they believe will make them 5% they jump.
Nope. There is no benefit to investing or spending money today if your $1 is worth more by just holding onto it tomorrow. It isn't hard to grasp. That is why governments avoid deflation like the plague. Minor deflation (<1%) happens occasionally, but if we decide to target a sustained deflation for 5 years, investment and consumption will come to a screeching halt. It is no longer profitable to invest money.
Nope. There is no benefit to investing or spending money today if your $1 is worth more by just holding onto it tomorrow.
Being that the markets show this to be untrue I can see I am wasting my time.
Being that you refuse to answer my questions despite demanding I answer yours shows that I am wasting my time.
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