this post was submitted on 29 Apr 2024
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Showerthoughts

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A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. A showerthought should offer a unique perspective on an ordinary part of life.

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We keep measuring everything's value with something that continuously loses value over time (self.showerthoughts)
submitted 7 months ago by 3volver to c/showerthoughts
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It's becoming really annoying.

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[–] SparrowRanjitScaur 1 points 7 months ago (1 children)

Isn't price fixing different from 0 inflation though?

[–] partial_accumen 2 points 7 months ago

Isn’t price fixing different from 0 inflation though?

I suppose looking through some very narrow lenses perhaps, but practically speaking I don't think they're different in their effect on consumer behavior. Inflation occurs when sellers control their prices. Price fixing technically doesn't allow inflation. I say technically because nearly all systems where strict monetary policy occurs, economics is still active and buyers and sellers resort to black markets or the barter system. So in those places inflation can still run rampant even if official prices are fixed.

Do you have a different take?