Post by General Riducule on Nov 16, 2014 21:19:24 GMT
We can take America, in the great depression as an example. This was an example of a great economy, which in a few years went downhill.
The economy was so great, that wealthy was unequal, and led to many price drops, and many price rising, which meant that the cost of living went higher, and more people fell in to poverty, and were unable to pay their mortgage or their taxes, and lost their jobs.
I mean, specifically the Great Depression, there were a lot of reasons, but the most valid was that capitalism, and a GOOD ECONOMY, will mean that inevitably, in the long-term, you'll hit inflation.
The economy was so great, that wealthy was unequal, and led to many price drops, and many price rising, which meant that the cost of living went higher, and more people fell in to poverty, and were unable to pay their mortgage or their taxes, and lost their jobs.
I mean, specifically the Great Depression, there were a lot of reasons, but the most valid was that capitalism, and a GOOD ECONOMY, will mean that inevitably, in the long-term, you'll hit inflation.
