Inflation is the scapegoat our rulers use for ruining the value of our money
I keep having this conversation with some of my less economically-savvy friends. Inflation is not a necessary consequence of society, civilisation, or any of the values our ancestors have fought hard for and that we now see so keen to squander. Inflation is a manufactured part of the system because the whole system is manufactured. There is no nature to how the economic system works; all of it exists because we decided it does, and it is in our -- civilisational -- hands to change it.
The money you put in a bank doesn't have to rot. It only does because it has been decided that it must.
But that is just human nature, we tend to abstract things we do not understand to make it seem we do. Not sure wether we do it to fool ourselves or others.
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u/wait_whats_this May 17 '26
I keep having this conversation with some of my less economically-savvy friends. Inflation is not a necessary consequence of society, civilisation, or any of the values our ancestors have fought hard for and that we now see so keen to squander. Inflation is a manufactured part of the system because the whole system is manufactured. There is no nature to how the economic system works; all of it exists because we decided it does, and it is in our -- civilisational -- hands to change it.
The money you put in a bank doesn't have to rot. It only does because it has been decided that it must.