No, inflation doens't advance society unless you think that stealing from people who value their earnings and giving it to people who cannot value it because they didn't earn it is somehow a productive act.
It would be the same as describing a "vibrant" cancer in a growing organism as responsible for that organism's growth.
There is no way to make counterfeiting a positive thing, it cannot and does not do anything good for anyone except the counterfeiter. the only way to assume it does, requires the keynesian fallacy that inflation "boosts economic activity" to be accepted as fundamentally true, when in actuality (with respect, this is not directed at you) it's fucking retarded.
TheGuySwann / Guy Swann
npub1h8n…rpev
2024-06-18 17:29:22
in reply to nevent1q…6uyg
Author Public Key
npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpevPublished at
2024-06-18 17:29:22Event JSON
{
"id": "85470881cc18b123d97d9c4aea688bd3974a2190c9f3eebd4ffcf1184f320bb6",
"pubkey": "b9e76546ba06456ed301d9e52bc49fa48e70a6bf2282be7a1ae72947612023dc",
"created_at": 1718724562,
"kind": 1,
"tags": [
[
"e",
"c3939d43d345ab80467c910b732ba46fe8b54a0569bb7678aa4c4b3c768b38ec",
"wss://a.nos.lol",
"root"
],
[
"e",
"96f15d29acdefebeb11e0dad1084055306f06710407041f9585c8ef198e59a80",
"wss://a.nos.lol",
"reply"
],
[
"p",
"b9e76546ba06456ed301d9e52bc49fa48e70a6bf2282be7a1ae72947612023dc"
],
[
"p",
"2cae111f745b15b8c45e3e61e1bc10caee75dfdeb2d69d5b23b3cc77c13c27a9"
]
],
"content": "No, inflation doens't advance society unless you think that stealing from people who value their earnings and giving it to people who cannot value it because they didn't earn it is somehow a productive act.\n\nIt would be the same as describing a \"vibrant\" cancer in a growing organism as responsible for that organism's growth.\n\nThere is no way to make counterfeiting a positive thing, it cannot and does not do anything good for anyone except the counterfeiter. the only way to assume it does, requires the keynesian fallacy that inflation \"boosts economic activity\" to be accepted as fundamentally true, when in actuality (with respect, this is not directed at you) it's fucking retarded.",
"sig": "ebbfc21f078349d9415f9ce4c785276d4fa0aabb31a3bc56f4cd23d6a1594f1f62b16770ec386a466fb7ac35c76e7887def832800b3c34a37daa8b83c0f2fd94"
}