Unfair redistribution is an issue, but it’s a bit orthogonal from deflation issues. I think people expect to get opportunities, promotions, new jobs, raising salary etc. this works better with a little inflation.
So long as the increases in salary outweigh the increases in inflation, sure. But that will never happen. The entire system is flawed. Debt will grow and grow and those holding the debt will pull the puppet strings and make those below them dance (and suffer).
Companies need to ditch their boards. They need to delist from the stock market. They need to be 100% employee owned. Profits need to be set at a specific percentage of COGS.
Unfair redistribution is an issue, but it’s a bit orthogonal from deflation issues. I think people expect to get opportunities, promotions, new jobs, raising salary etc. this works better with a little inflation.
So long as the increases in salary outweigh the increases in inflation, sure. But that will never happen. The entire system is flawed. Debt will grow and grow and those holding the debt will pull the puppet strings and make those below them dance (and suffer).
Companies need to ditch their boards. They need to delist from the stock market. They need to be 100% employee owned. Profits need to be set at a specific percentage of COGS.
…but greed, greed never changes.