this post was submitted on 25 Aug 2023
191 points (95.3% liked)
GenZedong
4288 readers
40 users here now
This is a Dengist community in favor of Bashar al-Assad with no information that can lead to the arrest of Hillary Clinton, our fellow liberal and queen. This community is not ironic. We are Marxists-Leninists.
This community is for posts about Marxism and geopolitics (including shitposts to some extent). Serious posts can be posted here or in /c/GenZhou. Reactionary or ultra-leftist cringe posts belong in /c/shitreactionariessay or /c/shitultrassay respectively.
We have a Matrix homeserver and a Matrix space. See this thread for more information. If you believe the server may be down, check the status on status.elara.ws.
Rules:
- No bigotry, anti-communism, pro-imperialism or ultra-leftism (anti-AES)
- We support indigenous liberation as the primary contradiction in settler colonies like the US, Canada, Australia, New Zealand and Israel
- If you post an archived link (excluding archive.org), include the URL of the original article as well
- Unless it's an obvious shitpost, include relevant sources
- For articles behind paywalls, try to include the text in the post
- Mark all posts containing NSFW images as NSFW (including things like Nazi imagery)
founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This is what I’m very confused about. I read before that deflation is a sign of a slowdown/recession in the economy but like also having your current worth more/prices going down sounds objectively good to me? Is there any good Devil’s advocate position that can put forth any negatives for deflation because China certainly doesn’t seem like a slowing economy to me.
One devil advocates would be that debt increases in value. Since Americans are perpetually in debt, that would be bad.
Ah, good point. Pretty interesting stuff, never thought about that before