/biz/ - Business & Finance

[Anonymous No.56656469]

Why is deflation or a long period stagnant growth a bad thing? Japan went through it for 30 years and it's still one of the best places on live.

[Anonymous No.56656571]

>>56656469
Enjoy your papercraft houses that last 20 years and working 12 hour days until you die.

[Anonymous No.56656651]

deflation and growth stagnation are two different things

deflation means people view money now as more valuable than assets that could generate money in the future, said otherwise they don't view enterprise as a feasible thing

growth stagnation could mean companies are unable are unable to innovate in ways that could lead to increased productivity, it's generally accepted that we're nowhere near the peak of possible productivity, therefore theres some kind of structural issue/s preventing growth

also japan is an aging demographic, meaning younger people will have to work harder than previous generations to fund social programs to take care of the elderly/sick if the economy is stagnant, which it is

[Anonymous No.56656847]

>>56656469
Is Japan that great to live in though if you're a young Japanese person working for a Japanese company? I heard it sucks ass. Long hours for low pay. I think foreigners get a rosy view of Japan after visiting for a couple weeks, but if you actually had to work in that culture maybe it isn't so great.

[Anonymous No.56656997]

because jews and the "line go up" cult

[Anonymous No.56657061]

>>56656847
Japan is great to live in as a japanese if your goal in life is to just exist without doing anything and be happy just being an NPC worker drone. Their basic cost of living is low but you don't get to own anything and entertainment is extremely expensive.

[Anonymous No.56657068]

line must go up or a black might get hungry or something

[Anonymous No.56657072]

Deflation is bad for those who owe money because now they get milked until they belly up and default.

[Anonymous No.56657073]

>>56656571
enjoy your plywood boxes and working 12 hour days until you die

[Anonymous No.56657131]

>>56657072
Good.

[Anonymous No.56657165]

It's not bad, but parasitic oligarchs can't leech without nominal growth.

Money literally flows, monetary expansion causes money to flow almost exactly like electricity, it flows into liquid assets just as electrons flow into low resistance, or water flows into unobstructed channels. The wage/productivity divergence e.g. is caused by this phenomenon, as labor is an exceptionally illiquid asset. The same pattern is seen in other illiquid assets like housing, notice that high-end housing has seen a SHARPER decline (factored for money stock) than low-end housing, which is to be expected as high-end property is even less liquid than normie SFH. In contrast, liquid assets which have reached full capitalization exhibit a flat trajectory when factored for money stock (gold, broad market) while liquid assets that have yet to reach full capitalization exhibit upward trajectory after factoring (BTC, tech sector). The social decline always associated with monetary debasement is caused by this money flow phenomenon, as monetary expansion results in the ineffective parasitic net transfer of resources from income earners to oligarchs, or more broadly, parasitic resource transfer from illiquid asset holders (labor being exceptionally illiquid) to liquid asset holders.

This is not bad because it's 'unfair' this is bad because it's INEFFICIENT, Economy is naturally positive sum, but fiat allows the manipulation of Economy to favor zero and even negative sum economic transactions. Blasphemy! Economy will not abide -- "The market ahh finds a way" -- and a way it found.

BTC solves money by being transactionally easy hard money, BTC being the best liquidity sponge guarantees it's continued organic growth. Bitcoin is an inevitability.