/biz/ - Business & Finance

>>7567905
>https://www.youtube.com/watch?v=U1DMrt8dhn4
HOLY SHIT!
What a perfect illustration of the 5 steps of grief. Like text book perfect, I thought it was going to cut out before we got to acceptance but he got it in there right at the end. This video was truly beautiful.

>>7533131
>Spread inflation evenly
Not possible. Inflation happens because supply of a currency increases, but this happens over time. The first hands on new money (usually in the form of loans) get the full benefit of the current purchasing power of that currency. As the market adjusts, people subsequently down the line get less and less purchasing power out of the new money until an equilibrium is achieved. Indeed, those who can afford to take loans, and those closest to the creation of new supply (banks), are the wealthiest, just as those who are hurt the most are often the poorest.

>if you wanna punish savers
It's just a natural consequence of inflation, just like people who borrow money would be hurt by deflation. Consequently, you'll noticed that deflation gets touted as the worst thing that could possibly happen, and this is because the prevalence of borrowing in our society is so deeply entangled, that if we ever actually did experience significant deflation, our society would be devastated because so many people would owe so much more value than their loans were initially worth when they took them. Likely, things would collapse, but not quite as surely as in the event of hyper-inflation.

>deflation - can't work or bad?
The thing about this is, with inflation there is a theoretical limit to how far it can go, which is when the money is worth nothing and is no longer accepted in exchange for anything. With deflation on the other hand, theoretically there is no limit on how far it could go. This is what confuses most people. But if you think about it logically, there will be a limit to how expensive a circulating currency can get based on peoples need to exchange it for goods and services. And deflation can be solved without using inflation to do it by issuing smaller denominations of currency much like how crypto currencies work by fracturing into multiple decimals. This is similar to inflation in a way, but more like your idea of inflation spread evenly.