This is a subverse designed to encourage adult discussion spanning the entirety of the political spectrum. All are welcome, from Libertarians to Authoritarians, Democrats to Republicans, An Caps to Anarchists, Socialists to Fascists to Communists, Green, Blue, Black, White, Purple with Yellow Polka dots, whatever color, persuasion, or affiliation, this is a place for you to post your thoughts, articles, and engage in discussion meant to foster understanding.
Politics is best when we try to avoid personal attacks, limits on discussion, censorship, trolling, shilling, racism, homophobia, antisemitism, or any other forms of bigotry and malfeasance.
Election 2020 Politics Sticky
Politics 2017 Christmas Theme sticky
Nov 2016 sticky on new CSS
This subverse belongs to the community of users. Users are invited to post meta-threads about v/politics and I will gladly sticky them. @flyawayhigh
Use the "Report Spam" link to report spam and someone will review the report. J-mods have the ability to remove duplicate noncommercial spam.
v/politics is for all politics.
v/uspolitics is for US politics only.
v/worldpolitics is for international or non-US politics.
v/politicalnews is dedicated to virtually censor-free politics and news
v/news is for news around the world.
v/usnews is for domestic news only.
view the rest of the comments →
[–] CanIHazPhD 1 point -1 points 0 points (+0|-1) ago
Deflation is a bad idea in most cases, because it stunts hiring (especially in the presence of minimum wage laws) and it stunts risky investments (like research and development, prospecting, etc.). Deflation is also particularly bad for people that have debt, like student loans or mortgages, at it increases the real value of debt over time.
Take some time to read this. https://en.wikipedia.org/wiki/Deflation#Effects
[–] ForTheUltimate ago
I would also add that growth has been slow under inflation, so I would encourage you to activate your curiosity.
I would also add that prices will adjust to the new lower supply schedules of money under deflation and the market will clear. We already have 100 years of a huge economy of a precedent on this. kek
[–] CanIHazPhD ago
The 100 years of growth with deflation was for an economy based on natural resource exploitation, which is already a thing of the past. It was basically people picking the low hanging fruit, which was plentiful and widespread (agriculture in new lands, cash crops, logging, minerals, oil, etc.), that can't be done again.
If you look at countries that are not resource rich (Japan, South Korea, even India in recent years) you'll see that healthy economies always operate with low, but positive inflation rates. If you look elsewhere you'll see that countries in deflation always end in recession or other troubles due to deflationary spirals (look it up in the previous reference, unless that's too mainstream too)
[–] ForTheUltimate ago (edited ago)
freeing up ressources for other consumption and investment. By no longer bidding up prices of factors, other users have increased supply available to them.
What an opportunity to have less of a debt based economy!
thanks but I'm already quaint with the mainstream.
[–] CanIHazPhD 1 point -1 points 0 points (+0|-1) ago (edited ago)
Completely the opposite, you reduce hiring and r&d and supply immediately follows the downward spiral. There is a reason recession in most if not all cases follows and accompanies deflation.
Debt is not a bad thing, it's abuse is the problem. Most investment and growth opportunity has a time window, borrowing money lets you (or companies) make those windows.
Enjoy your enlightenment, and your not-understanding economics.