Comment on We keep measuring everything's value with something that continuously loses value over time
SwingingKoala@discuss.tchncs.de 2 months agoI understand why it happens
Why does it?
I never understood why inflation was a good thing
It isn’t, that’s a narrative told by politicians, and economists who are primarily paid by the government.
bjoern_tantau@swg-empire.de 2 months ago
It basically happens when people buy money. When you get 100,000 € but pay 120,000 € back you added 20,000 € to the overall system which makes everything become slightly more expensive to account for the additional money available.
SwingingKoala@discuss.tchncs.de 2 months ago
So you already don’t follow the mainstream economic narrative that consumer prices track inflation, good for you!