Why do economists view even minor deflation as apocalyptic?

Read The Creature From Jekyll Island. Fractional reserve banking, when not backed by any kind of commodities, is a scam designed to impose the hidden tax of inflation.

For the uninitiated: Fiat currency is supposed to be a coupon that can be redeemed at the bank for gold and silver. "Fractional reserves" means that the bank only keeps X amount of actual money physically present in the bank vault; your account balance is just how much of that you are entitled to at any given moment.

Without the gold standard or something like it, you are trading paper or numbers in computers that only have worth because everyone believes they do, not because they have any intrinsic value.

A single unit of deflated currency has more purchasing power, thus making things cheaper for the peasants and disrupting the scam. Economists love inflation because they benefit from Mugabenomics.
 
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(((Economists))) say.... "you will pay MORE for LESS and you will LIKE IT,  goy fine citizen! Inflation going down is bad, because "reasons"! Here's an incomprehensible article from The Semitic Post©️ using nonsense buzzwords that explains why! Because if you're  not forking over double the amount for groceries that you were 3 years ago, and heaven forbid you manage to stash away some actual savings, the shareholders wont get their double digit percentage increase in quarterly profits whole world will come crashing down!!!
 
Why is 37 zilllion kajillion percent inflation per second apparently preferable to even 1% deflation?

It's basically because if it starts going, it can turn into a self-reinforcing deflationary spiral. This is part of what contributed to The Great Depression. It is also a concern because the amount of deflation necessary to start a self-reinforcing spiral is much lower than what is required to start the exact opposite, which is a hyperinflationary spiral. It is fairly similar to blood glucose (blood sugar) levels. You can get into nearly 4 digit high blood glucose levels before it becomes imminently life threatening but you only need to drop into the high 40's low 50's before you run the risk of slipping into a coma and subsequently dying, and this is starting from a blood glucose level of 70-99. So, you can see, how high levels can get before its the same level of danger as low levels is much greater from the average "typical" starting point. Deflation is also what was a major contributing factor to Japan's "lost decades" because once a deflationary effect set in, it was just about impossible to fight it successfully with the financial tools that most modern governments are familiar with.

So, in general, modern governments tend to look at deflation like handling a venomous serpent, it is much easier for something to quickly go seriously wrong, than handling a non-venomous serpent.
 
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Because modern economics and capitalism is founded on never ending expansion and inflation which was not what capitalism was originally founded on. (((Bankers))) are the most responsible for this as they basically print imaginary money in the form of credit and give it out like candy. If the purchasing power of a currency continually decreases then the banks can cause the debt they issued to become less of a liability because the $1000 loan they gave in 1940 isn't a big issue because now even minimum wage people are making over $1,000 every paycheque.

This is a very oversimplified version of events but here it is anyways:

- Bank has $100 cash in total
- Bank lends $1,000 out to borrowers
- Bank now owes 90% more then it actually has in the bank.

If inflation goes UP:

- Bank has $1,000 cash from extra business income / wages
-Bank now owes nothing from the previous debts
- Bank can now lend $10,000

If inflation goes DOWN
- Bank has $10 cash because of decreased business income / wages
- Bank now owes 99.9% more then it actually has in the bank
- Bank cannot lend any money because when people go to draw cash there won't be any available

Banks rely on this life cycle of endless inflation to survive in order for then to print money and make income from the interest rates. Once people stop borrowing and start withdrawing their money and stop taking out loans the business model of the bank comes crashing down.

This is why banks and stock market crooks are terrified of deflation. If everyone went to the bank right now and withdrew all their money they would come to the horrifying realization that the bank doesn't actually have all that money.
 
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