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/biz/ - Business & Finance

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12520084 No.12520084 [Reply] [Original]

Serious question here
if i were to become a politician in power of a country's economy, what would i have to do to cause a massive sustained deflation

>> No.12520124

>>12520084
stop being a politician and join your central bank

>> No.12520132

make it illegal to print new money & burn half of your currency reserves every 2 years in public fire pits

>> No.12520139

>>12520124
you missed the point of my question:
what would have to be done both by politicians and banks in order to cause it

>> No.12520144

>>12520084
Replace your currency with a nano fork 1-to-1 swap.

>> No.12520180

>>12520139
Deflation doesn't exist in politics. Governments are just inflation driven ponzi schemes that are just replaced again and again

>> No.12520198

>>12520180
i am interested what would be different ways to do that in theory
it would be interesting to imagine such a world

>> No.12520257

>>12520084
Its already all deflated, been since 1913.

>> No.12520285

>>12520132
This. Inflation is always and everywhere a monetary phenomenon.

>> No.12520501

>>12520084
Raise interest rates. Pay off dept. Anything that contrasts money supply (dept is money) or reduce the velocity of money (people saving because of uncertainties like war etc.).

>> No.12520665

Nuke the USA, Russia or China

>> No.12521062

>>12520084
Reduce purchasing power so consumer demand drops. Enslave a large part of the population to produce without being able to consume.