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2026-09-17 16:20:10 UTC

Ankh- Morpok on Nostr: Had a shocking conversation with my son who is learning GCSE economics. We’re ...

Had a shocking conversation with my son who is learning GCSE economics. We’re discussing inflation.
Son: inflation is good. Deflation is the danger.
Me: explaining how inflation punishes the saver and encourages risk taking behaviour to outpace inflation
Son: deflation is the bad one. These are facts they teach us. These are not theories. These are facts. You can’t argue against them.

We are screwed. He’s so damn lucky I’ve bought bitcoin for him!!