And yet we have a whole class of people who hoard the most money.
I've heard this argument in economics videos, but if you think critically, you can't wait to buy necessities no matter what way the dollar is moving. And even in an inflationary environment things that you can wait for will go down in price over time. They'll age, newer versions will come out, a used market starts up for it, etc. So waiting for prices to come down doesn't seem to be related to inflation at all.
And to give a more concrete example, think of the speed of inflation (assuming 2%/year). Well if we had a year of deflation at 2%, why would I wait an entire year for my $1000 product to be $980. The savings is a pittance.
I've read that it's a debt problem more than anything else. The world runs on credit, and inflation decreases the debt burden. When dollar value goes down thanks to the inflation, the value of the debt also goes down so it becomes easier to pay off (at least for those who do get inflation raises...). So essentially the rich get richer thanks to inflation.
I hate to agree with the other guy, but we just saw massive inflation during pandemic because corps refuse to eat ANY loss in profit. It's all fucking greed.
Same, it's funny seeing others say they cook at home, so they always use the shaker. I'm just thinking you're supposed to add it while cooking, not at the table. I have a mason jar full of salt I keep next to the stove.
But fair enough adding it at the table if there's not enough. For me though if I had to do that, i'd also add some extra to the pot.
Over the course of about 30 days, the Artemis III astronauts will travel to lunar orbit, where two crew members will descend to the surface and spend approximately a week near the South Pole of the Moon conducting new science before returning to lunar orbit to join their crew for the journey back to Earth.
It has an extra finger