The bitcointalk forum is comprised of diverse people from all over the world. Our countries' must have gone through inflation as a nation at least once or more since its history. As a refresher, inflation happens when the prices of goods and services rise and people can no longer afford those items because the country's money almost becomes useless. But is inflation needed? Why can't we just keep the currency at the same value? And why does it only happen to money? For example, the same wouldn't happen if we used gold as a currency instead. Is inflation a ploy that the government uses so people don't get rich off of savings?
I don't think it's a necessary thing, cause the only thing that it benefits towards are those that are already too big to fail financially, the 1 percenters per se.
Plus it fades the divide between the rich and the poor, and not in a good way too, it makes everyone that are not on the extreme upper class of society (the manufacturers, the bankers, the owners and the stakeholders) susceptible to financial loss, given the fact that it makes everything so expensive saving money is just a stupid thing to do cause by the time you already have enough money to buy what you want or need to buy, the shit you're looking to own's already more expensive than what it was initially.
It's not a necessary thing, but it's the natural course of action since every working economy on the planet right now works on a capitalist/quasi-capitalist system. And honestly, until we get a better system of economy I think I can live with this type of setup, not that I have a choice anyway lol.
As the meme guys on tiktok put it, we just have to thug this shit out cause we can't do anything about it anyway. We're just the cogs in the wheel, the consumers in a world ran by producers.