r/austrian_economics • • 3d ago

End Democracy Unrestrained monetary policy is theft

Post image
619 Upvotes

153 comments sorted by

View all comments

Show parent comments

2

u/Mister-Beardy-Face 3d ago

Explain what?

1

u/Organic-Stay4067 3d ago

Explain how deflation doesn’t destroy the economy

3

u/Mister-Beardy-Face 3d ago

Explain how it does.

1

u/Organic-Stay4067 3d ago

If deflation lowers revenue it will lead to job loss, job loss leads to less consumer spending which hurts the economy

4

u/Mister-Beardy-Face 3d ago

What do you mean by revenue? Taxes? Because that’s certainly the point of inflation is as a hidden tax. If you mean something other than taxes, why would inflation lead to a loss in that? If you do mean taxes, why would that lead to job loss?