Is inflation immoral?

theinfectedmaster

Argument Topic: Yes it absolutely is.

Raising the price of goods is always immoral because then it causes poor people, especially poor working class people to not be able to get stuff, especially essential items.

jack

theinfectedmaster said:

Is inflation immoral?

Hello the:

Immorality happens when people do bad things.. Inflation happens when the money supply outstrips the demand for goods and services.

Of course, if you invest in items that go UP during inflationary times, you'd think inflation is a very moral thing indeed.  For example, if you bought a house round 10 years ago, it's gone way UP in value because of inflation..  If you rent, you HATE inflation.  Hard assets like real estate, diamonds and gold, go up during inflationary times, and paper assets like stock and cash go down. 

So, I suspect you view inflation as immoral because you don't have any hard assets.  Me??  I bought gold in 2003 round $300 an ounce..  Today, the price of gold is $1,800 an ounce.  Does that make me LOVE inflation?  Yup.

excon

John_C_87

@theinfectedmaster

Do you understand the difference between inflation and holding a balance of cost? America is experiencing a change in balance in economic cost, not inflation. " ??? "it has again attempted to build a more prosperous and diverse economy by adding costs in limited areas using political development. The idea of inflation is set by an economy forced growth, but the economy had not been operating effectively in the first place and the price of cost expands. It may sound odd, but the world is in a fight over what might be or what might create " effective money." Is it Digital currency, A Note of payment such as receipts on debt, is the amount of credit or currency place in the marketplace?

It is coming up on an ellection year we need a issue with economy to keep the voters mind off the work need in United States Consitutional states of the union.

John_C_87

@jack

Immorality happens when people do bad things.. Inflation happens when the money supply outstrips the demand for goods and services.

Something may grow when money supply outstrips demand. inflation happens when growth takes place what grows can be good or bad inflation does not shape quality of an economy polotics just acts like it does.

Of course, if you invest in items that go UP during inflationary times, you'd think inflation is very moral thing indeed.  For example, if you bought a house round 10 years ago, it's gone way UP in value because of inflation..  If you rent, you HATE inflation.  Hard assets like real estate, diamonds and gold, go up during inflationary times, and paper assets like stock and cash go down. 

The value of the house has not gone up, the cost to replace the home / building has increased, the additional expense of material cost and labor cost are not the same thing as value of the object itself. The value of a Federal reserve Note is fixed and attached to established justice. It is this connection which influences the value of the Note as it places in writing in is good for all dept. Not just debt or credit which is subject highly subject criminal legislation the making up of crime as law such things are also building codes. Not that the necessity of building codes is not understood there is an argument of what makes a piece of capital historically more significant to one group over other people. Who may only see value in general business opportunity kind of like Federal and state loans for disater relief and new small buiness.

jack

John_C_87 said:

Something may grow when money supply outstrips demand. inflation happens when growth takes place what grows can be good or bad inflation does not shape quality of an economy polotics just acts like it does.

Hello John:

Ok, thanks for clearing that up.

excon

John_C_87

@jack
Ok, thanks for clearing that up.

Sorry, I should have just written making something like an economy bigger doesn't make it right, good, or better. Inflation can take place as cross the board cost rise.

John_C_87

Don't know about anyone else but our local landfill gets bigger every time political parties grow our economy. There is nothing better than inflating a landfill we can see economic growth as a ever taller mountain of trash coming from a distant city I cannot. All this and more from the convenience of our county’s hospital bed. 

just_sayin

John_C_87 said:

Don't know about anyone else but our local landfill gets bigger every time political parties grow our economy. There is nothing better than inflating a landfill we can see economic growth as a ever taller mountain of trash coming from a distant city I cannot. All this and more from the convenience of our county’s hospital bed. 

You know there are no junk yards in Cuba and they have a crappy economy.  Cubans are legally bound to keep their car working.  At various times the economy has become so bad, that even though the government owns business, the people must pay taxes also.  The inflation rate in Cuba was 27.29 percent from 2005 until 2023.  Anyone thinking prosperity causes inflation, hasn't visited Cuba.

MayCaesar

theinfectedmaster said:

Raising the price of goods is always immoral because then it causes poor people, especially poor working class people to not be able to get stuff, especially essential items.

The conclusion of your argument is that raising the price of goods is always immoral. Labor is good, and raising wages is equivalent to raising the price of labor. Would you therefore agree that raising wages is immoral? Would you further agree that raising a salary of any single worker is immoral? Finally, given that at some point in our lives every single one of us is jobless, therefore receiving zero salary, would you then agree that nobody should be paid any wages whatsoever?