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To: politicket

Deflation is an enemy of big government but under normal circumstances a friend to savers and wage earners.

Inflation is a friend to big government but an enemy to savers and wage earners.

… I hate big, Arbitrary government.


66 posted on 01/17/2022 8:47:59 AM PST by Rurudyne (Standup Philosopher)
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To: Rurudyne
Deflation is an enemy of big government but under normal circumstances a friend to savers and wage earners.

Deflation is an enemy of "government" - true, but not those who control government and our economic system - "international banks". The banks steal the underlying assets that occur when credit gets pulled and called in - creating enormous transfers of wealth.

Deflation causes lower wages, more difficulty paying off existing debt, and economic velocity to crater. None of those are beneficial for the citizenry.

72 posted on 01/17/2022 8:52:54 AM PST by politicket
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