Post
Topic
Board Economics
Re: Is the US Moving Away from Capitalism and Free Market?
by
mu_enrico
on 27/05/2020, 06:36:08 UTC
i suppose a 3rd idea would reinforce the notion that it isn't inflation per se that's the problem, but rather unpredictable and high inflation. i've heard convincing arguments that a 0.5% or 1% perpetual, but unquestionably stable/predictable inflation (like monero's tail emission) is superior to bitcoin's fixed supply dynamic.
Inflation != Increase money supply mate
Perhaps the focus should be to increase productivity (more goods and services), not to tweak the emission rates.

The rich are too rich, and the poor are faced with huge problems with both money and work during the coronavirus.
In a socialist country, the rich (the regime) will be filthy rich, and the poor (the ordinary people) will be so miserable. There's no way they can get out of that situation, unlike in capitalism, where everyone can try their luck as entrepreneurs.