this post was submitted on 24 Dec 2023
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Political Memes

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[–] Pogogunner@kbin.social 2 points 2 years ago
[–] unreasonabro@lemmy.world 2 points 2 years ago

that's what it's efficient at!

Aliens.

[–] WaxedWookie@lemmy.world 1 points 2 years ago

Because regulations

The idiot right

[–] Redward@yiffit.net 1 points 2 years ago (1 children)

Cause they found the exploit bug, and the admin is afk

[–] BigDanishGuy@sh.itjust.works 1 points 2 years ago

Sorry, the "free market" option doesn't support admins. To enable admins you need to run "sudo society --revolution --force && sudo society --economy=planned --rule=democracy && shutdown -r now"

[–] jopepa@lemmy.world 1 points 2 years ago

Because unregulated capitalism gets wiley the more rope you let out.

[–] Pat_Riot@lemmy.today 1 points 2 years ago

It's built in. Have you not been paying attention?

[–] intensely_human@lemm.ee 1 points 2 years ago

Because the market isn’t free and capitalism has broken down. Competition, a key part of free market operations, was massively reduced when the governments of the world forcibly shut down millions of businesses a couple years ago.

[–] SeaJ@lemm.ee 1 points 2 years ago

They go up in communist countries too but with the added benefit of shortages and rationing to keep prices relatively in check.

And small inflation is not bad. As long as it is stable and predictable, it does not matter much since people know roughly what price to expect. Theoretically it should be the same for deflation but workers tend to not also accept lower wages when prices drop. It also leads to banks not lending out so you can really only start a business or buy something big if you already have the money. While that is easy enough for people who are rich, it limits social mobility of those who would have to borrow to do the same since finding a lender is more difficult.

[–] assassin_aragorn@lemmy.world -1 points 2 years ago (2 children)

Isn't inflation good for consumers? Deflation means what you already have becomes more valuable -- so the rich would gain a significant boost to their finances since they already have so much. Inflation though would mean they lose a significant amount, and it becomes easier for the working class to break into the rich people bubble.

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