this post was submitted on 02 Dec 2023
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Neoliberal

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Free trade, open borders, taco trucks on every corner. Latest discussion thread: April 2024 **We in m/Neoliberal support:** - Free trade and competitive markets

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In an increasingly polarised and performative society, vibes are now often trumping objective reality

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[–] [email protected] 1 points 1 year ago* (last edited 1 year ago)

Deflation is necessary to revert to the correct mean of prices if they were not skewed by subsidies and other regulatory manipulation of the market. Deflation may be "bad" in the same sense that it's bad to break somebody's leg, but sometimes doctors have to do that to get the leg to heal correctly. We are in need of deflation to bring prices closer to the real mean and restore the ability of lower economic quintiles to actually live.