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[-] Pogogunner@kbin.social 2 points 10 months ago
[-] unreasonabro@lemmy.world 2 points 10 months ago

that's what it's efficient at!

Aliens.

[-] WaxedWookie@lemmy.world 1 points 10 months ago

Because regulations

The idiot right

[-] Redward@yiffit.net 1 points 10 months ago

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

[-] BigDanishGuy@sh.itjust.works 1 points 10 months 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 10 months ago

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

[-] Pat_Riot@lemmy.today 1 points 10 months ago

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

[-] intensely_human@lemm.ee 1 points 10 months 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 10 months 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 10 months ago

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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this post was submitted on 24 Dec 2023
562 points (89.5% liked)

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