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Re:Why the 2% Inflation Target? (2023) on Friday March 22, 2024 @08:19PM (#39796200)
> if we had 50% deflation, your paycheck--the dollar amount you brought home--would be cut in half. However, your car payment, your mortgage, and your credit card bills would stay at the same nominal value.

Society doesn’t need to operate with so much debt. Usury is a financial tool that benefits the rich.