I mean, I don’t disagree with you on that. I didn’t think your first comment quite conveyed this nuance, and deflationary economies are terrible for everyone.
I don’t think local economies from millennia ago are similar enough to compare to modern global economies with our current population boom. I think we could for sure have a different approach if our population was stable or decreasing.
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I’d love to see any evidence or logical arguments that an inflationary economy is worse than a deflationary one.
Inflation is only a recent phenomenon.
https://nma.org/wp-content/uploads/2016/09/historic_gold_prices_1833_pres.pdf
Inequality since Nixon because of the Cantillon effect
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I mean, I don’t disagree with you on that. I didn’t think your first comment quite conveyed this nuance, and deflationary economies are terrible for everyone.
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I don’t think local economies from millennia ago are similar enough to compare to modern global economies with our current population boom. I think we could for sure have a different approach if our population was stable or decreasing.
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What a wide window, but I’d like to point out that the baby boomers generation happened right around this time.
Fertility rates and total population numbers are not the same thing.