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by imtringued 1176 days ago
You don't seem to understand what literally nothing means.

When there is deflation you do nothing. You don't even go to work. You don't even look at your bank account or the money. You don't think about it. You just wait and do nothing. It is the equivalent of taking a drug that makes you feel good. You won't find the need to actually accomplish anything.

If there is inflation, then banks actually have to do their bank related tasks to earn the money, people actually have to sit at their desks.

1 comments

What you're describing is the exact way that large swatches of the population live. They were smart enough to make themselves be born earlier than other people and they can spend decades or even their whole life doing literally nothing, taking out another mortgage on their real estate as the value continues to increase.

This is not a tiny 1% of the population. I would wager that most people reading this thread has at least one person among their friends or family who live a good life without having contributed much to the economy, or even having never contributed anything at all. Riding the wave of inflation in real estate.

Tell me again why I and others should contribute to the economy to support these people's lifestyle?

No one is saying that we think you should support someone else's lifestyle. We are saying that if all currency went up in purchasing power all the time, that the problem of people doing nothing would be worse than it is today.

What you are talking about is something different, some sort of work police or something that forces everyone to work the same amount or something like that.