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[-] Gradually_Adjusting@lemmy.world 100 points 5 days ago* (last edited 5 days ago)

Henceforth, $1 shall cost $1. Inflation solved.

Does this one need a sarcasm tag? I don't like using em but this joke is going to start zero fun conversations

[-] Remember_the_tooth@lemmy.world 28 points 4 days ago

Sarcasm acknowledged. If it were possible, what do you think the world would look like if inflation were 0% for a few decades? I hope this is a fun conversation. If not, I'll settle for another joke, amusing anecdote or icy silence with a judgmental stare.

[-] yermaw@sh.itjust.works 43 points 4 days ago

if inflation were 0% for a few decades

"You obviously know nothing of how the real world works."

Was going to type a whole bullshit essay with random made up stats and facts to make your idle question look malicious and uninformed, but I just cant be arsed. Can we just pretend I was a cunt for mild chuckles?

[-] trashgirlfriend@lemmy.world 35 points 4 days ago

I can't believe you'd say that about OPs mother. Downvoted, reported, enjoy ur ban kid.

[-] tetris11@lemmy.ml 19 points 4 days ago* (last edited 4 days ago)

In their defence, they raised several valid points about the musical harmony between My Little Pony and eugenics that made my heart swell

[-] Remember_the_tooth@lemmy.world 2 points 4 days ago

I'm trying really hard to interpret this, but I feel like I'm missing some context.

[-] tetris11@lemmy.ml 6 points 4 days ago
[-] Remember_the_tooth@lemmy.world 3 points 4 days ago

Okay, that's pretty funny.

[-] Remember_the_tooth@lemmy.world 12 points 4 days ago

I got the same macroeconomics education as a lot of people. I get why 2% inflation is a common target. I do, however, like thought experiments using extreme values.

I wouldn't say it's a particularly idle question by social media standards. Admittedly, that's a pretty low bar. Perhaps I am uniformed. I'm definitely not being malicious.

Can we just pretend I was a cunt for mild chuckles?

[-] tromars@feddit.org 3 points 4 days ago

Bullshit essays for a joke are one of the few legit use cases for LLMs imo

[-] mobotsar@sh.itjust.works 4 points 3 days ago

Even bullshit essays should have a soul.

[-] Gradually_Adjusting@lemmy.world 13 points 4 days ago

I'd enjoy the topic at a less busy time of life. I'm being kept tired, distracted, and poor lately as a systematic form of oppressive totalitarian rule - and that's just from my kid!

[-] Remember_the_tooth@lemmy.world 2 points 4 days ago* (last edited 4 days ago)

Fair enough. Thanks for taking the time to respond.

I'm being kept tired, distracted, and poor lately as a systematic form of oppressive totalitarian rule - and that's just from my kid!

Hiyo! I really got a kick out of that.

You stay brave, Little Hitachi Wand.

Edit: Forgit tu spel gud

[-] Gradually_Adjusting@lemmy.world 2 points 4 days ago

You did say jokes were one of the options, and I didn't get nearly funny enough to cope with my trauma by skipping a chance to get silly.

[-] Remember_the_tooth@lemmy.world 2 points 4 days ago

I hear that. I take every chance I get.

[-] Eq0@literature.cafe 9 points 4 days ago

The assumed reason for inflation, as I understand it, is that on one hand things devalue over time and on the other we build our system around infinite growth and rewarding innovation (many asterisks here…)

During the Middle Ages, neither statements were considered true, the world was considered stagnant and there was virtually no inflation. That was before the banking system - so with 0% inflation i would expect the banks to collapse…

And then… I don’t know! Stuff is hard and economics harder…

[-] Remember_the_tooth@lemmy.world 4 points 4 days ago

Thanks for the response. You gave me a lot to think about, so I opened the Wikipedia article on fiat money. The part on history was pretty cool:

Link

[-] Eq0@literature.cafe 2 points 3 days ago

Indeed very interesting. Honestly, it still seems that the reason for inflation is “not backed by real good and something else we don’t quite understand”, in particular considering the examples of bills of credit in North America

[-] Remember_the_tooth@lemmy.world 2 points 3 days ago

Agreed. Someone else in this thread suggested that population growth was a factor. That was an interesting take. All things being equal, I would have assumed population growth would affect the magnitude of inflation, but not its direction. I think you're right that there's definitely some unknowns. I'm not sure I want an advanced degree in economics, but that's what it might take to understand more.

[-] BagOfHeavyStones@piefed.social 5 points 4 days ago

Most cryptos are deflationary. That seems to cause hoarding.

Having no inflation sounds good to me if paired with no growth in population, but I know little about economics.

[-] Remember_the_tooth@lemmy.world 5 points 4 days ago

I wasn't even considering crypto. Thanks for the insightful example.

That's an interesting point. I wonder what it would look like if inflation were targeted to population growth percentage rather than a fixed number.

[-] BagOfHeavyStones@piefed.social 3 points 4 days ago

You're welcome! I like my floss to stay the same price.

[-] Remember_the_tooth@lemmy.world 2 points 4 days ago

Same. I got one of those large dispensers like dentists use and the corresponding bulk rolls of the nice ribbon style floss to fill it. I only ever use the regular sizes for traveling now. Keeps costs and plastic waste down. I don't have to think about it for years at a time. It's a small thing, but I like it.

[-] Eq0@literature.cafe 4 points 4 days ago
[-] Remember_the_tooth@lemmy.world 2 points 4 days ago

I felt that like: ಠ_ಠ

[-] explodicle@sh.itjust.works 2 points 4 days ago

Time preferences would be lengthened due to lower interest rates. People would save instead of taking on more debt. It would be harder to get a loan, but your real interest rate would be lower.

Instead of deliberately encouraging consumption, everyone would buy less stuff. This would be terrible for "the economy" (rich people) but great for people who live in the environment.

[-] Remember_the_tooth@lemmy.world 2 points 3 days ago

That makes sense. It sounds like the closer to zero it gets the better. I know deflation is problematic. I wonder how close to zero is achievable. We've seen stable inflatuon of about three percent, plus or minus two for a few years in the past. I wonder if it's possible to achieve two percent, plus or minus one without going under zero.

[-] GlendatheGayWitch@lemmy.world 3 points 4 days ago

The genie just made 1 US Dollar equal to 1 Australian dollar. One problem solved, another created.

[-] icelimit@lemmy.ml 1 points 4 days ago
this post was submitted on 31 Jul 2025
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