Post
Topic
Board Altcoin Discussion
Re: Altcoin - the alternative cryptocurrency?
by
JohnDoe
on 02/09/2011, 23:01:56 UTC
Yes, saving is terrible for the economy.

It is terrible for the economy. If everyone is saving there's no commerce going on. What do you think triggers recessions?

Damn the individual! Long live the economy! (Whatever that is). (sarcasm off).

What is this stupidity? Are you saying the individual is better off in a shitty economy?

Economies expand and contract. I.e., they inflate and deflate just as we inhale and exhale. Some may like it if the sun never set but would not the crops all burn up?

No deflation in an economy is simply unnatural and should not be avoided. Individuals need to learn this and ignore politicians and bankstas who say they can mediate this process.  But of course that would require people to grow up.

A lack of deflation would be unnatural huh? Looks like you are just resorting to mysticism because you don't know what causes the business cycle.