According to my understanding of inflation: it’s when you have so much of something gat it becomes worth less.
So if I helped industries make tons of gasoline,
Gasoline prices would rise!
And people would buy alternative forms of energy!
Therefore I’m indirectly helping the environment in ways that make conservatives happy!
Prov
Votokia
How?
The cat in a box archives
I meant why are you thinking about leaving the Provian Union?
Spaghettitopia
no no, when something is more abundant it's cheaper. you're making the climate crisis worse ingame.
You see, when something is rarer, people pay more. Gasoline prices would lower when there's more gasoline. In order to make gas prices higher, you either artificially make them higher or you tax the consumption of it.
To pursue a more neutral mindset, also because i'm already in the DESU and can defend myself.
Prov and The cat in a box archives
Spaghettitopia
yeah. Prices get higher when your currency inflates, because your amount of resources havent changed. When bread costs a dollar, but everyone has 5 dollars extra for bread, prices naturally rise to 5 dollars, since people want to make as much money as possible.
Ambaskow
Pretty much it’s when something is produced in large quantities it loses value. For example, when money is produced so much of, the demand lowers and it loses its value. That’s why In places like Venezuela, things like a burger could cost over a million dollars, this is to create demand and balance things since money is practically worthless. So yeah you were pretty much correct. Since people have so much money because it’s produced so much, it loses value
But when stuff that’s not money loses value, it becomes cheaper, which is a good thing?
Spaghettitopia
yeah, and in the terms of actual resources, it decreases value by getting cheaper. When you have more of something, it's worth less.
Ambaskow
Ambaskow
yes, sometimes. Also if you produced a bunch of gas, the prices would lower since you have an abundance. If you had little gas, the prices would rise since there is a shortage. Recourses are actually good when they are an abundance, but material things like money is bad when it’s produced in large quantities
I just got a whole economics lesson in less than a minute.
Thanks!
Ambaskow
Prov
Under Article I, Amendment I, Point 4 it Guarantees that any member can leave the union.
They would have to negotiate of course.
The cat in a box archives
Except for diamonds
As they can cost a lot despite the fact that they aren’t rare, they have simply been made to look like they are rare, and have been given an artificial value
Spaghettitopia
capitalism 😞😞😞
The cat in a box archives
The cat in a box archives
You gotta give them some credit, they managed to fool millions of people for several decades that diamonds were rare, hence why they were expensive
Ambaskow
Ah yes, let’s give corruption some credit 👏🏼 👏🏼 👏🏼