• SCB@lemmy.world
    link
    fedilink
    arrow-up
    1
    ·
    11 months ago

    Economists want to pretend that undoing the 20% rise in prices (much more for many items) would be catastrophic, but I highly disagree.

    “Doctors say that vaccines are safe, but I highly disagree”

    • derf82@lemmy.world
      link
      fedilink
      English
      arrow-up
      2
      ·
      11 months ago

      There is no position that should not be able to withstand a little scrutiny (and vaccines have withstood it fine). There has been so few modern examples of deflation, it is hard for them to point to any empirical evidence. And economists, who typically see salaries supported by the rich and powerful, are not exactly unbiased.

      But, yeah, fuck me for being angry that my earning power has been massively decreased.