Oooohhh! Here’s a good one on this subject! https://youtu.be/wBBnfu8N_J0

https://en.m.wikipedia.org/wiki/The_purpose_of_a_system_is_what_it_does

Seeing the world through this lens has been both freeing and disheartening…

It’s been wonderful to find a home here! Hoping for many more cake days for all of us here in this friendly little corner of our beloved blue marble!

You can’t polish a turd; you can roll it in glitter.

This seems pretty sound advice - https://youtube.com/shorts/JhQI06_V6NQ Source: Single/dating for ten years, now married for ten years.

“One’s a backfire, three’s gunplay”

• The Way of the Gun

What are the root causes of that deflation though? I would posit the over extension of the Chinese economy in an effort to mimic “Number go up” results without the required fundamentals (see evergrande).

I see “inflation is good” parroted a lot, without much analysis as to why. I understand how continual inflation is a major driver of modern western economies, and those steering those economies require it to support current polocies and the general status quo. However, that being said, I fail to see how that makes it required for things to be “OK”.

The price of a raspberry “inflates” in the winter, and “deflates” when in season. The price of commodity consumer electronics is in a continual state of deflation, as new teohnology emerges. At the microcosm prices move in both directions frequently, and are just deemed adjustments. Why then, at the macro scale is a continual increase in pricing considered a sign of economic health?

There needs to be a version of this rewritten to “It’s not money laundering!” the reasoning is about the same.

When’s the last time the US saw significant deflation? The 30’s? Can’t say I blame them for their fear. But they’ll see no sympathy from me! We’ve seen two whole generations born, raised, and passing away in the age of “Number always go up!” business. At least the greatest generation grew up hearing stories of difficult times when it was the unions and collectives that brought them through the darkness. I’m sure current business leadership has no clue how to face this. It’s passed out of living memory.