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Joined 2 years ago
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Cake day: June 23rd, 2023

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  • The fact I can show you the two key economic laws that address inflation, and the effects that a triple digit inflation rate has on a country and its population, and that you consider that not evidence tells me you are about 6 weeks of tertiary education short of knowing what you are actually talking about. I can link you the damn text book if thats good enough evidence, but I doubt that you would consider an internationally recognized and developed, peer reviewed document as evidence.

    For the record - im not calling you stupid or uneducated. I suspect you actually give a shit about people and are blinded to the fact that reality doesn’t give a shit about feelings and being nice. You’re argument is the same as saying that a starving population shouldn’t be made to work a fallow farm to feed themselves and others because its putting more pressure on them. They will starve regardless - but this gives a way out.







  • Not the person your debating with, and normally I agree with the famous Mr Squid.

    In this case I disagree - im not fully knowledgeable on Argentina specifically, just economic application. The problem with inflation is that it harms your entire population - and its horrific when its out of control. 60% poverty (don’t know if this is total, increase or increases since these measures came out, very different discussions) is easily obtainable when a significant amount of your population are already close to the poverty line and even a small change comes into effect.

    Regarding the cost of human lives, and assuming he’s not Trump levels of econ knowledge, its a balance between putting this 60% in poverty now to get a handle on inflation now, or that 60% in poverty due to inflation indefinitely until you put them and more people in poverty.

    Anything that increases government spending, including social support services, infrastructure spending, unemployment support would increase GDP and work directly against disinflation measures.

    Its cold, it sucks, but the logic and theory are there. Sometimes the best thing you can do is cause the least long term harm.


  • First, I fully agree the super wealthy need to pay more tax - let’s not get in the way of that.

    Redistribution of wealth would only drive up inflation, not actually fixing the problem of inflation v incomes. Basic supply and demand equilibrium - incomes increase, quantity demanded increases (price goes up), new suppliers enter market to meet this new demand that are willing to accept this higher price… Higher prices and quantity supplied.

    Giving everyone more money to buy food doesn’t magically create space for new farms, especially not in the short term.