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Comment on Microsoft's carbon emissions up nearly 30% thanks to AI

SwingingKoala@discuss.tchncs.de ⁨1⁩ ⁨month⁩ ago

deflationary economies are terrible for everyone

That’s a myth spread by modern monetary theorists because they only understand the economy from an inflationary perspective. Economies worked fine for millennia without inflationary money.

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WldFyre@lemm.ee ⁨1⁩ ⁨month⁩ ago
I don’t think local economies from millennia ago are similar enough to compare to modern global economies with our current population boom. I think we could for sure have a different approach if our population was stable or decreasing.

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- SwingingKoala@discuss.tchncs.de ⁨1⁩ ⁨month⁩ ago
  
  worked fine for millennia without inflationary money
  
  That means until the early 1900s or 1970s when inflation went into overdrive.
  
  our current population boom
  
  Huh what?
  
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  - WldFyre@lemm.ee ⁨1⁩ ⁨month⁩ ago
    
    That means until the early 1900s or 1970s
    
    What a wide window, but I’d like to point out that the baby boomers generation happened right around this time.
    
    Huh what?
    
    Fertility rates and total population numbers are not the same thing.
    
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