Post #2974530

2026-05-12 22:42 UTC

It doesn’t rely on ever growing economy. Again it’s normal. Ups and downs are normal. When demand pulls back due to high prices the economy is suppose to shrink, thereby going through something like a reset. The government tries to prevent that because people get mad when they lose their jobs and vote out whoever is in power at the time. It is basic economics it has nothing to do with my ideology or ideas. You should check your ego because you think that every single country is dumber than you and hasn’t figured out how to balance their economies. Trust me you are not the first person on the planet to think about how to minimize or eliminate inflation.

Replies (2)

@stickly@lemmy.world 2026-05-13 03:04

> when wages increases demand for goods and services increases You slipped it in right there yourself. This consumerist mindset can only exist with infinite growth. It seems natural but that's only because we've been immersed in growth for hundreds of years. If I make $1 today and that dollar covers every necessity and basic luxury I could expect then there's no reason I need to spend more. $2 can only provide diminishing returns on quality of life. I don't need a second house because I get less than the X¢ of value from my primary residence for the cost of 2*X¢. It's reasonable for me to give that excess back in taxes/charity (allowing someone else the full $1 value) or even stash it in my mattress for a rainy day (deflationary pressure). The only reason for me to spend a portion on a second house [I'll rarely use] or car [I won't drive] or new hobby [I don't have time for] is if advertising convinces me I'll get $1+ QoL value from the purchase. But that's a flat lie, as any study on happiness will tell you.

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@givesomefucks@lemmy.world 2026-05-12 22:50

Ive already explained it as simply as I can and have nothing to gain from trying any harder. Whether or not you understand this, or anything else.. just doesn't matter. Congrats, you "win". I'll never explain anything to your account again.

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