Comments by "bj0rn" (@TheLivirus) on "Sick of Inflation & High Gas Prices? Watch This (Pt. 2) | Andrew Klavan | POLITICS | Rubin Report" video.

  1. Reason sure has its limits, but trusting your gut is also a very slippery slope. The trick is to know when to apply either.
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  2. Why cry about inflation? It shrinks debt and pressures wealth back into the economy. If you still don't like it, consider that it's been going down pretty steadily for 30 years and that deflation causes economic depression.
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  3.  @rrmackay  You say I'm delusional, then explain why I'm right. What an odd way to make conversation. Are you OK buddy?
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  4.  @rrmackay  Sigh. The size of debt is typically measured in a currency. If that currency inflate, that value of the debt decreases. The value of wealth can also be stored in a currency. If that currency inflate, the value of the wealth decreases. So, it puts pressure on the owner of the wealth to invest it in something that grows or at least maintains its value.
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  5.  @rrmackay  I never said the debt "measured in currency" shrinks. That's your assumption in order to win an argument you made up in your head. Stock, bonds, commodities, etc. certainly contributes more to the economy than a piggy bank.
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