npub1h8…6rpev on Nostr: They say we issue debt from nothing because it “grows the economy” and it’s a ...
They say we issue debt from nothing because it “grows the economy” and it’s a “net benefit.”
Well… if we have 2% price inflation, it means the “net” is explicitly a loss. Otherwise stuff would be more affordable. 2% inflation means that the cost of explicitly out weighed the additional production, because the net result was clearly that things got 2% more expensive.
This is exactly why you can’t afford a house, you need 2 earners, and you have no time. You’ve been losing minimum 2% on net of living standard every year for decades.
Published at
2026-06-15 14:35:21 UTCEvent JSON
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"content": "They say we issue debt from nothing because it “grows the economy” and it’s a “net benefit.” \n\nWell… if we have 2% price inflation, it means the “net” is explicitly a loss. Otherwise stuff would be more affordable. 2% inflation means that the cost of explicitly out weighed the additional production, because the net result was clearly that things got 2% more expensive.\n\nThis is exactly why you can’t afford a house, you need 2 earners, and you have no time. You’ve been losing minimum 2% on net of living standard every year for decades.",
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