- cross-posted to:
- worldnews@lemmy.ml
- cross-posted to:
- worldnews@lemmy.ml
cross-posted from: https://lemm.ee/post/51182148
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I’m glad this got press.
Such slowdowns tend to be good for the average person.
They’re bad for speculators, investors, shareholders – mostly rich people who are too moneyblind to see that endless growth is untenable. To those people, I say: fuck you.
Your thinking of disinflation, not deflation…
Ask the average person how great the Great Depression really was to live through.
Deflation was a symptom, not the cause, of the great depression.
