Deflation is a good thing. It means the cost of living goes down.
As long as you have a fungible currency - a liquid currency - deflation is a boon.
Everything should be getting cheaper as technology advances. The only reason it doesn't is because of the influence that codexon has been trying to explain. The currency game is zero-sum. It was designed that way. It's one giant pyramid with the BIS at the capstone.
I never said deflation was a bad thing. although I agree that the current fiat monetary policy is fucked, calling it a pyramid scheme is naive at best.
As long as you have a fungible currency - a liquid currency - deflation is a boon.
Everything should be getting cheaper as technology advances. The only reason it doesn't is because of the influence that codexon has been trying to explain. The currency game is zero-sum. It was designed that way. It's one giant pyramid with the BIS at the capstone.