/biz/ - Business & Finance

>>22275771
To maintain 2% inflation, which maintains productivity and promotes investing.

>>22275771
So we get cucked to work forever
Back in the day they couldn't. They could only print as much as they had gold. Then some faggot was like. Heh lets jist print more.

>>22276213
>>22276248
Why can't we just have a limited circ supply?

>>22276213
retard detected
please go fuck some niggers

>>22275771
going off the gold standard was a fucking mistake

>>22275771
its literally what governments were quite literally INVENTED to do

>>22276213
>To maintain 2% inflation
asset inflation is much much higher because QE for banks and institutions ends up in real estate etc. so you are basically eternally cucked
>which maintains productivity
it basically force you to wageslave, with productivity growing linearly, but not salaries, basically a scam
>and promotes investing.
because FIAT it's a centralized scam and central banks are printing for their friend first, search cantillon effect
BUY BTC, BREAK THE SYSTEM

>>22276269
because (((private banking/finance sector))) and niggers can't get a free piece of cake at this point

>>22276269
Because then, people would be tempted to hoard as much of the limited supply as they can, desiring to be richer than others. They might refuse to spend their money now hoping for prices to drop at a later point in time so they can buy their stuff for less. If enough people do this, then companies will be forced to actually lower their prices in order to sell anything at all, creating a process known as deflationary spiral. This is overall bad for the economy and therefore, society as a whole.

>>22276213
>To maintain 2% inflation, which maintains productivity and promotes investing.

holy shit reddit gtfo of here you fucking idiot. suck on the FED / banker cock some more

>>22276486
This.

Hey you bunch of triggered nigger faggots. I didn't say I agree or like it, it's just what Google/fed says.
Yes it's a scam.

>>22275771
Because they made it legal

>>22276213
This is the reason they are allowed, but the reasoning is very flawed. Inflation benefits some at the expense of others

>>22276269
Because it's fiat why would they lol

>>22276382
Why though? If we had a fixed circulating amount of dollars, we could just print notes which are valued less than $1, keeping the overall value of the dollar the same.

>>22276444
don't be a turbo jew
people are still going to spend money on stuff that improves their lives (e.g. new tech, health, better housing)
>This is overall bad for the economy and therefore you need to wake up every day at 6am, relocate to a fucking shitty suburb, commute using a filthy public metro to a fucking shithole city filled with illegal nigger immigrants, avoid getting killed, work for mr shekelsberg, pay rent to mr shekelsberg, pay the bills, consoom, stress out yourself, pay for a jew physicologist, pay for prescription drugs like adderall to keep productivity high, get some xanax to avoid suicide, because you see, it's good for the economy
KYS

>>22276444
Oh no your money is worth more and prices are lower oh shit this is so bad for society people might be encouraged to save money and think about the future oh fuck.

>>22275771
Do not molest Apus.

>>22276787
>If we had a fixed circulating amount of dollars, we could just print notes
wat?

>>22276444
https://mises.org/library/deflationary-spiral-bogey

>>22276343
>asset inflation is much much higher because QE for banks and institutions ends up in real estate etc. so you are basically eternally cucked
Fun fact: QE causes asset price inflation (as we see) and asset price inflation causes DEFLATION. :^) They are heating up the deflationary spiral.

There is a counter argument for the statement.
If you buy an asset you don't burn the money which means the other party can spend it. It's transferred. But assets transfers are embedded in chains of credit. E.g. real estate:
> Creation/ building costs usually provided through a bank loan
> Most people buy with a loan
> Money flows not from from one pocket to another but mostly into a sink (repayment) and cannot be spent again.

Do I miss something here?

>>22277486
You didnt actually explain how asset price inflation causes deflation

>>22277669
Try to consoom while paying a lifetime mortgage and find out

>>22277669
>how asset price inflation causes d
The transaction moves the money into a sink (as repayment). The repayed money will not be spend again (partially because the banks/lenders make some profits) but moves back to the central bank where it is sterilized. I first thought
> but the asset has the value of the money now
which would mean (i) you could use it as a security for a loan and (ii) you could exchange it for money. But then I realized an assets price has a probability component. I did some thinking and I don't want to speak about it in detail but short version is supply and demand, E.g. If you hold cash and see stock prices soar you maybe think you should put money into stocks because it will lose value if you hold it (because someone could do buy stocks, hold them and sell with much profits, then his money is worth more and the price of another asset (maybe a house) will climb in the near future because his profits maybe increase demand). So if you spend your money now you wil get less than the other guy holding stocks (aka spends tomorrow). And then there is the other problem: If people realize they should spend later (demand side decreases) AND they move their money into assets (which prices will be negotiated with a risk) it could happen the money will be destroyed destroyed in the future because the way back (from asset to cash) may crash the stock prices. Is clear what I mean? I'm quite tired and will make a post about it tomorrow with a sketch...

>>22276285
A beautiful mistake, I might not have ever been able to make as much if the kikes hadn't done it.

>>22276444
> Because then, people would be tempted to hoard as much of the limited supply as they can, desiring to be richer than others. They might refuse to spend their money now hoping for prices to drop at a later point in time so they can buy their stuff for less. If enough people do this, then companies will be forced to actually lower their prices in order to sell anything at all, creating a process known as deflationary spiral, This is overall bad for the economy and therefore, society as a whole

>>22277888
This my life right now. Feel like I'm trapped forever.