Topic: Environmentalists Should Be Against Inflation (Read 52 times)

BADecker

legendary

Activity: 3906

Merit: 1373

The other side is that inflation rewards the wise and enslaves the foolish.

In the past, homes and land were a good example of this. If your house payments are $1,000 per month, and you are earning $2,000 a month income, half your income goes towards house payment.

Your wages will go up with inflation, as will your house value. When your wages get to $4,000 a month, your house payments will only be one-fourth of your income. In addition, the value of your house will have doubled, because its real value goes up with inflation.

So, the wise person is benefited because of inflation.

Cool

BossTrack

copper member

Activity: 43

Merit: 1

Consider inflation, what it actually is when you get to the meat and bone of the matter. It's a system which ultimately punishes people for saving and rewards them for consuming things in the here and now. This isn't a conspiracy or a hot take, the establishment says this themselves constantly and explicitly that inflation "stimulates the economy" which means they are creating a reward structure for consumers and punishment for savers.

This is a SYSTEMIC way of getting people to consume what they don't need. This should be the absolute number one concern of an environmentalist, yet you never hear a peep about inflation from environmentalists since they never really cared to begin with, it was all virtue signalling.

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