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/biz/ - Business & Finance

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57638591 No.57638591 [Reply] [Original]

Falling consumer prices are…….
LE BAD!!
https://www.nytimes.com/2024/02/08/business/china-deflation.html

>> No.57638600

>>57638591
paul krugman lmao

>> No.57638604

>>57638591
>too retarded to understand why deflation is bad

>> No.57638628
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57638628

>>57638604
>Bro if houses are affordable that means fake internet money will also go down

>> No.57638716
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57638716

>>57638604
Remember when they said this about Japan but everything is unironically perfect there?

>> No.57638738

Hey OP, I remember when I was a teenager and thought deflation sounded good too.

>> No.57638744

Deflation will literally kill China's exports.

>> No.57638762

>>57638744
…and that’s a good thing. Unironically. Fuck commies and chinks flooding Europe and the US with scammy shit

>> No.57638779

>>57638604
>its le bad because the numbers on my bank account go down

>> No.57638781
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57638781

>>57638744
>OH NO NOT THE HECKIN EXPORTS
WHAT ABOUT THE EXPORTS YOU GUISE
>OK YOU CAN AFFORD TO BUY GROCERIES AND A HOUSE BUT WE WONT BE EXPOOORTING
>OH SHIT OH FUUUUCKKKK
>NOOOOOO

>> No.57638838

>>57638591
jews hate deflation cuz they will have to default or actually pay their debt off

>> No.57638896

>>57638604
This. Burning down your nation’s medium of exchange has worked time and time again with numerous lost lasting historical examples.

>> No.57639110

>>57638591
its bad for anyone that has any debt, which our entire world economy is based on, Your car you owe 40k ok? Well it was worth 38k not too bad right? now its worth 30k and you owe 40

>> No.57639120

>>57639110
i have lots of cash and no debt, usury is evil

>> No.57639133

>>57639110
Good. Live within your means.

>> No.57639139

>>57638591
>number go up
>bad!
number go down
>bad!
fuck this system

>> No.57639148

>>57638781
>exports tank because currency is too expensive
>economy tanks
>nobody can buy shit because they've all been fired
>some dumb fuck can't understand why this is bad and memes as if the banker overlords have been defeated by the common man

>> No.57639155
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57639155

>>57638591
>160% debt to GDP when taking government and state debt into account alone
>In a deflationary environment
>With growth slowing down
>With a worse credit rating than America
>When America's combined government and state debt is 140% of GDP and people are freaking out about that
Yeah OP what's the worst that could happen when deflation causes the effective cost of debt to increase in a country that's less developed and has more overall debt per capita than the fucking Yanks?

>> No.57639164
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57639164

>>57638591
HAHHA all the debt maxxers seething rn

>> No.57639172

>oh sweet, a deflationary environment? I just won’t eat this month since my money will be worth more!

^this is what economists actually think happens

>> No.57639188

>>57638604
>why yes the government and corporations are my friends

>> No.57639202

>>57639110
And just why is our economy based on debt???

>> No.57639216

>>57638591
the spin docotrs have mentally deficient diseased minds from a lifetime of weaving the 80 year old web of lies

>> No.57639223

>>57638604
China doing poorly is good for us you stupid retard

>> No.57639255
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57639255

>>57639172
>oh sweet, a deflationary environment? I just fire half of my wagies and call it an investment

in modern world of fake jobs and retards everywhere deflation could really fuck shit up

>> No.57639303

>>57639202
We fought for the wrong side in WWII

>> No.57639404

>>57639255
By that do you mean reveal how insanely leveraged everything is, forcing everyone to fight for the actually real jobs, pushing down costs and making our economy efficient again?
Damn, deflation is based. Death to (((investors))).

>> No.57639408

>>57639303
kys

>> No.57639419

>>57639404
kys

>> No.57639453
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57639453

>kys

>> No.57639461

>>57639110
I have 20k in CAD debt (student) and make 100k+ a year. No other debts.

>> No.57639472

>>57639172
Then eat within your means.

>> No.57639478

>>57638604
its only bad if you are part of the parasitic class. people who work and create things benefit from deflation

>> No.57639479

Nazi lives don't matter

>> No.57639514
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57639514

>>57639408
>>57639419
>t.

>> No.57639523
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57639523

NOOOOOOOOO WE CANT JUST HAVE AN ECONOMY WHERE PEOPLE BUY WHAT THEY NEED WITH THEIR OWN MONEY INSTEAD OF SPENDING FRIVOLOUSLY WITH INFINITELY GROWING DEBT

>> No.57639529

>>57639419
>>57639408
Post nose

>> No.57639531
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57639531

>>57639404
> broo, lets just wwIII, billions must fight
you can have your incel fantasies fulfilled after i off myself

>> No.57639537

>>57639523
no! we need to take out a loan made out of thin air money and pay jews for the privilege of buying things

>> No.57639544
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57639544

>deflation is le bad goyim

>> No.57639638

>>57638591
>paywall
Faggot

>> No.57639668

>>57638604
like the last time we had, no wait we never have had deflation.

>> No.57639674

>>57638604
>Inflation good
Move to Argentina or Turkey lol

>> No.57639679
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57639679

>> No.57640061

>>57639110
thats called renting bro if your just gonna drive a car off a lot and return it since it already depreciates when you drive away. you wouldnt need to borrow that much in the first place if prices were cheap because there would be less borrowers since they wouldnt need to borrow money if things are already cheap and with less borrowing demand the interest rates would be cheaper and that would make up for your asset decreasing in price when you dont have to pay as much interest

>> No.57640124
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57640124

-1% or -2% for a few years would do the economy some good.

>> No.57640187

>>57640124
>pic related
dangerously based

>> No.57640565

>>57638716
they literally lost half of their dollar purchasing power in 20 yrs

>> No.57641403

How could deflation ever be a problem for a country that controls their own fiat currency, like China does? Couldn't the PRC just print more Yuan and dole it out to everyone who has a sufficiently high social credit score until they 1% or 2% inflation?

>> No.57641630
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57641630

>>57638604
>If the price of being alive will be lower tomorrow, everyone will choose to die today.
Wow. So sneaky!

>> No.57641634

>>57638604
>mega inflation le good
>tiny deflation le BAD

>> No.57641704

>>57641403
yeah but they can't over do it
they'll do their abacus chinkery and figure it out
whatever takes place will hurt them less than 2008 hurt the majority of americans

>> No.57641819

>>57638781
doesn't China import most of their food? IF you can't export, your imported food will end up costing more?