Let's just isolate it to a strictly deflationary environment, for the sake of conversation. How is deflation not a great thing for everyone who works?
Also, I'm not blind to the fact that the transition is going to cause a lot of turmoil and a lot of people are going to lose.
because economic activity slows in a deflationary environment.
people will only buy what they absolutely need at that moment.
that is not a great thing.
the irresponsible inflationary enviroment we have today is insane.
but so is a purely deflationary situation.
So, rampant mindless consumerism dies as a cherry on top of banks getting cornholed and workers getting to keep the value of our labor? Brother, I think we are going have to agree to disagree on this one.
No bro.
there is a huge spectrum between rampant mindless consumerism
and a totally stagnant economy.
maxis act like its fucking binary because we've had inflationary conditions and that deflation can ONLY be positive.
its not
its lazy armchair economic thinking.
