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Joined 2 years ago
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Cake day: June 16th, 2023

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  • Inflation is great to keep the stock market afloat. That’s about its only redeeming quality. The reason that most economists like inflation is the false premise that people will stop spending money if money starts increasing in value… but the vast majority of people are going to spend their money one way or another, cause they can’t just stop buying food or paying for rent… and they’re not going to skip out on what little fun they can have because it might be a little cheaper later.

    Deflation is bad for the rich. Because it means their non-monetary assets are suddenly worth less.





  • If all those downloads were from 2005 to 2015, and there’s only been a few hundred in the last nine years, that would mean the popularity has declined.

    But we don’t know that. We don’t know if the downloads have increased, decreased, or stayed the same based on the proffered numbers. We only know a flat number from the last twenty years.

    Thats the point theyre making, not that its unequivocally unpopular now.

    Also you’re about three billion shy of one download for everyone on earth.