Thread 60847566

they can't. in a couple of years everything will be free there. that what happens when the merchant doesn't steal your resources by inventing memeconimcs.

>free food
Yeah I'm sure China is losing lmao
westoid cuck

>>60847591
I'd rather believe Japanese economists than random BRICS supporter on 4chan

>>60847566 (OP)
>Free food
>Half price
This is worryingly anti-Semitic

>>60847566 (OP)
Print money. Likely, the reason China isn't printing more money right now is because they want to save their powder for any potential escalation in the trade war and for the eventuality that Trump manages to bully the EU into cutting off trade with China.

Whether deflation is bad depends on what is causing the deflation. Deflation caused by, say, a widespread collapse in demand as during the Great Depression, is bad. Deflation caused by increased productivity and competition isn't really the same thing.

>>60847566 (OP)
commodities. gold is a commodity, hence why you have seen the big rip lately. there are other commodities to buy though so don't listen exactly to what i say about gold.

>>60847566 (OP)
>NOOOOOOOOO prices of things can't just go DOWN!

>>60847591
>>60847608
>>60847936

Brainlets, this is why you will always be poor

>>60847927
Doesn't deflationary mean prices go down, meaning gold goes down?

>>60848017
It means the currency is appreciating fast, so yes gold goes down

This is bad because everyone stops spending money(because it will be worth more tomorrow) which leads to business going under which leads to recession which leads to people hoarding even harder

>>60848027
>This is bad because everyone stops spending money(because it will be worth more tomorrow)
>he fell for the semitic tricks
No one is gonna stop spending their 1000 dollars because next year it might have the purchasing power of 1010 dollars. There are things people can't go without and most people are consoomers so even if they stood to gain money they will still spend because they must have new things. Deflation, much like inflation, is only relevant when it happens too fast, deflation of 1, 2 or 3% a year is irrelevant to the spending habits of most of the population.

The truth is nobody knows the actual effects of long term deflation in current times, it's an extremely rare thing because whenever it starts happening we immediately artificially reintroduce inflationary pressure out of the belief that deflation is gonna cause economic collapse. Maybe inflation/deflation cycles are the solution to the infinite growth problem who knows.

>>60848027
>NOOOOOOOOOOO people can't just save for the future and INCREASE their purchasing power!

>>60847568
based

>>60847599
Thats your problem. Ideation isn't even a problem and can be solved by increasing taxes for example.

>>60848112
Why do you think they instantly freak out at even slightly deflation? Hint: its because it breaks everything, and there is a ton of history in this

>>60848291
Inflation is a tax for retards that keep their assets in cash that are now competing with people taking out loans to bid on goods. It's completely unnecessary.

This whole Food wars has legitimately fucked over the restaurant industry in china as they have been forced to shut down by lunch time due to lack of supply. It's a giant deflationary spiral of food

>>60847566 (OP)
wtf china is based now??

>>60848027
>My purchasing power goes up due to free market forces
>NOOOOOO WE NEED TO INTERVENE, THE CATTLE NEEDS TO SPEND THEIR MONEY ON GOODS AND SERVICES THAT WE SELL THEM!!!
Kikes were a mistake for the 110th time

>>60848796
The only thing worse than inflation for an economy is deflation, and if you weren’t a brainwashed cretin you’d understand why

>>60848806
>REEEEEEEEEE it's a fact because Professor Rothstein told me so!

>>60847743
Kind of. The question is who bears the losses for the misallocation of resources. And it is going to be the population one way or another you can just choose the timeframe, the mechanism and you can fuck it up through some innocent mistakes.

When the choice is japanification or the Great Depression you know what everyone will choose.

Right now the rest of the world is inflating away the debt, they have deflation and a stable exchange rate. So the purchasing power is getting slowly eroded.

>>60848027
>This is bad because everyone stops spending money

The western mind CANNOT conceive an economy where the line just stays the same and everybody just live their lives normally.

No, no, no... Line NEEDS to fo up and everybody NEEDS to take loans from the Jew to buy bullshit they don't need, because (((economic health))).

>>60848806
>inflation: money supply goes up, every dollar buys less
this is bad
>deflation: money supply goes down, every dollar buys more
this is... bad? what?

>>60847566 (OP)
Just wait till the US penetrates their closed currency system with stablecoins as they weaken the yuan. It’s over for chinks

>>60849192
It’s bad for 99% of people only the people massive fiat bags win.

Otherwise deflation just destroys your asset prices and your wages and everything else deflates as well so it’s not like you get ahead at all, except the people with tons of fiat that will buy up all the assets at the bottom

>>60847566 (OP)
deflation is based

>>60848027
>This is bad because everyone stops spending money
how is it bad you fucking slave

>>60847566 (OP)
There is nothing wrong with a deflationary spiral

>>60849236
its bad for debtfags, trade kikes, all the people you hate basically

>>60849236
inflation is bad for the poorest who have almost no purchasing power. the only people who don't care about it are the rich, it doesn't matter if a cheeseburger is $6 or $12 when you have millions of dollars.
reducing the price of things is good for people with limited purchasing power. wages may or may not fall, but inflation can drive wages so high that people get priced out of the market which is more destructive than taking a pay cut.
i refuse to believe deflation is bad, especially when the debt keeps exploding. inflation is good for the debt because a dollar owed today is more expensive than a dollar owed tomorrow in an inflationary environment. that's how you get to 37 gajillion debt and a running deficit in the trillions.

>loanfag takes huge debts
>money rises in value
>he makes less money, debt becomes harder to pay
baseed as fuck, bring it on, destroy all the money printing slaves

fucking brainlets on this board can't think further than 2 foot in front of their faces
i deflationary death-spiral is called a DEATH-spiral for a reason
>economy slows down, people stop discretionary spending
>prices need to be dropped as companies and small business compete for what little market is left
>production slows as demand nose dives through all layers of the supply chain
>unemployment takes off as layoffs continue resulting in even less disposable income across the markets as it continues its nose dive
>asset prices across the board dump
hence why it becomes a death-SPIRAL
once it starts, there's nothing that can be done to stop it until rock-bottom is reached
and YOU will be at bottom. saying there's nothing wrong with a deflationary spiral is like saying there is nothing wrong with skyrocketing, unchecked unemployment and widespread asset crashes because "shit is cheaper yo"

the only people that may do ok are the wealthy that for some reason are fully in cash, which no one is.
your meme coins will get rug pulled overnight faster than you can liquidate and no, you wont be on the sideline ready to 'slurp' assets. you're now unemployed and broke as well, retards.

>>60849377
ok so what is the alternative
>inflationary policies
>purchasing power steadily erodes meaning wages going up means NOTHING unless they go up faster than inflation (which doesn't happen)
>prices go up inflicting more pain for people on the margins
>people who buy luxuries and shit don't even notice because they already have tons of money and probably pay no taxes since they can write off everything.
>people wind up priced out of labor market
>homelessness spikes
>drug use up
>public disorder up
>debtmaxxers keep debtmaxxing
>boomers die
>all the homeless priced out people left with massive debt and no hope of ever paying it off
when the economy collapses i will personally lead of posse of people to round up people like you. i will lynch all the money printing debtmaxxers personally. the streets will run red with your blood, and the debt will die with you. the meek shall inherit the earth.

your time is coming. and time is almost up.

>>60847566 (OP)
You stop producing things nobody wants for wages nobody can really do anything with.

>>60847591
Sure buddy

>>60849397
You can keep posting this if it makes you feel better, but it doesn't change facts.

Go fucking read about any deflationary period at ANY point in history. Even ancient history before any involvement from Jews whatsoever. It never ends well.

>>60849397
you won't even be able to feed yourself in that scenario you limp-wristed, larping faggot
go read the history of fiat currencies around the world the last millennia and understand none of this is new. we know what happens when deflation spirals out of control because we have no tools to combat it. It's a wildfire that can only burn itself out and no one is spared.

>>60849462
i think moderate 1-2% deflation would be a good thing just like moderate 1-2% inflation is not terribly destructive.
as always it is a matter of how much, a deflationary death spiral just sounds like debtmaxxers FUDing any decline in the money supply because an end to free money means an end to their debtmaxxing lifestyle.

>>60847568
What's going to happen is Jews will make a.i. versions of all your bullshit and undercut even the chinkiest crap until they own all the means of production.

Then they can slowly devolve you back into a piggy who can't make any decisions.

>>60848027
Seething kike is buttmad the goyim refuse to spend money on his judaic merchandise

>>60849105
>who bears the losses for the misallocation of resources
The losers in the market competition. Some of the capital stock might be salvageable and be acquired by competitors, but the original investors will likely be wiped out. To some extent, the taxpayer will also have pumped money into some economic sectors and some of that will go to waste. That's how market competition works and is supposed to work. There is waste but the winners will be highly competitive due to having survived the natural selection process. The waste is the price you pay to end up with strong highly competitive well managed industries.

Also, as companies innovate, old technologies become obsolete and the associated capital stock also goes to "waste". That's how "creative destruction" works. The "waste" of obsoleting your current capital stock is the price you pay for adopting new technology. And adopting new technology is necessary for economic growth to be sustained in the long run.

>When the choice is japanification or the Great Depression you know what everyone will choose.
Do you mean that those are the only two choices?
I don't think China really need inflation right now because they have widespread high productivity growth and real wage growth, meaning companies aren't very dependent on inflation to press down real wages.

>Right now the rest of the world is inflating away the debt
That trick only works when (a) all the debt is denominated in your own currency, which is not true for many countries, and (b) you can convince investors to buy your bonds at a yield that is low compared to inflation, which isn't true either for many countries

>they have deflation and a stable exchange rate. So the purchasing power is getting slowly eroded.
What do you mean? For whom, China? Deflation is the opposite of an erosion of purchasing power

>>60848027
i spend like $50 a month on discretionary crap. the only people "afraid" of inflation are jews.

>>60850852
deflation**, damn my refusal to proofread.

>>60850841
>Deflation is the opposite of an erosion of purchasing power
is it tho? If I loaned you 1btc 5 years ago at 5% apy to be paid in btc you are at a huge loss. same goes for any money with a loan attached to it, the entire economy is just a ledger of transactions of people being owed and owing. Deflation is great if you have 0 debt, but everyone operates on debt because of inflation, and taxes. I guess if you make a wage that is harder to reduce but if all your debts, like your house. So you were making 80k but its worth 100k now, and your house was worth 100k is now worth 80k. Just all depends on position. Its all relative? Yes the purchasing power of money goes up, which rewards savings and incentives that more. Which should also reduce interest rates because less money buys you more, making higher interest rate even more expensive. Relative to supply and demand of the money. Demand for the money because its going up in price but how much demand can there be for loans if there is nothing to put your money into because assets are deflating. The more i think about this shit the more i feel like im stuck in a flat circle.

>>60847599
>thing :|
>thing, Japan :O
>thing, China >:(

>>60848027
JEW JEW JEW JEW JEW JEW JEW

>>60852354
Japan has been through a deflationary spiral

>>60847566 (OP)
Remember when America had deflation and wages tripled, unemployment was 0, and infrastructure was built like it never would be again? What horrible times.

>>60847566 (OP)
Give people free money? Start a war? Spend abunch of money on infrastructure?