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Comments by "" (@Brain_Food-) on "USMCA vs NAFTA, explained with a toy car" video.
@reishlion4394 Govt farms to control the population.
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@moderndilettante6896 Inflation is bad because it hurts the economy, weakens your currency and your GDP. It's just an illusion of "Growth"
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@moderndilettante6896 Inflation can also cause a recession or another Great depression. Inflation is something you don't want.
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@moderndilettante6896 Inflation causes less demand overtime. Yes it might be good for businesses but who exactly are buying those products. Look at the US from 2000-2008 when inflation took ahold of the economy. It can cause a great depression if you expand too quickly and have no one buying your expensive products. That's why there was a federal minimum wage established 5 years after the great depression.
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@moderndilettante6896 Inflation causes product prices to go up no matter what, not because of the demand as we've seen wages for the most part remain the same which is practically poverty level and people are becoming less inclined to buy those products. Inflation is terrible and more so in the hands of politicians.
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