“Inflation plummeted from going up very very very fast to just going up very fast”
That’s not how plummeting works. Inflation hasn’t gone down, prices are in fact still going up. They are in fact higher now than they were before.
“Oh but you need inflation” yeah if you’re a fucking idiot classical economist that thinks people receiving a fair wage is the worst possible thing to happen.
Being forced to learn partial differential equations and command economics to fuck with Libertarians “but muh calculation problem” is a curse because it illustrates just how badly the lanyard class fails to understand their own economic arguments for maintaining power.
Wasn’t the calculation problem only a “problem “ when humans didn’t have quantum computing and hadn’t been exposed to exponentially increasing rates of processing power?
“Inflation plummeted from going up very very very fast to just going up very fast”
That’s not how plummeting works. Inflation hasn’t gone down, prices are in fact still going up. They are in fact higher now than they were before.
“Oh but you need inflation” yeah if you’re a fucking idiot classical economist that thinks people receiving a fair wage is the worst possible thing to happen.
Being forced to learn partial differential equations and command economics to fuck with Libertarians “but muh calculation problem” is a curse because it illustrates just how badly the lanyard class fails to understand their own economic arguments for maintaining power.
Wasn’t the calculation problem only a “problem “ when humans didn’t have quantum computing and hadn’t been exposed to exponentially increasing rates of processing power?