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2 users currently in General Chat:  Dark Vampriel |
| Acmlm's Board - I2 Archive - General Chat - Inflation good or bad? |
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Kurama We gave you a 2nd chance You lost it with stupidity Level: 20  Posts: 19/136 EXP: 37337 For next: 5102 Since: 04-27-04 Since last post: 526 days Last activity: 339 days |
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| I don't think it's fair that people think just because there is more money that stuff should cost more. Like for instance my dad said that when he was younger he could get a soda and a candy bar, kingsize now, for just fifty cents. What do you think? | |||
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Kefka Indefinitely Unbanned Level: 81 Posts: 1554/3392 EXP: 4826208 For next: 166641 Since: 03-15-04 From: Pomona, CALIFORNIA BABY! Since last post: 4 hours Last activity: 4 hours |
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Originally posted by Kurama Um, well... if you there's more money, stuff HAS to cost more. Because money would be worth less then. If something is worth 5 dollars before, and now there's 5 times as much money, you have to make it worth 25 dollars, right? If you don't, then it would be the equivalent to giving that person the same thing for one dollar at the time it was worth five. |
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Prier Archangel Administrative Priestess. NUCLEAR SUB WEEEOOOO Level: 119  Posts: 573/8392 EXP: 18790939 For next: 138352 Since: 03-15-04 From: Nerima Dist. - Tokyo, Japan Since last post: 1 day Last activity: 1 day |
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| ...I think he's talking about inflation...not inflamation...we're not talking about things spontaneously combusting here. | |||
Kitten Yiffer Purple wand Furry moderator Vivent l'exp����¯�¿�½������©rience de signalisation d'amusement, ou bien ! Level: 135 Posts: 1540/11162 EXP: 28824106 For next: 510899 Since: 03-15-04 From: Sweden Since last post: 3 hours Last activity: 4 min. |
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But fifty cent was more worth back then Kurama.  It's that how inflation works.  People get more money all the time, and the money get's less worth all the time.  |
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ErkDog Fuzz Ball Level: 47  Posts: 254/982 EXP: 752190 For next: 14013 Since: 03-15-04 From: Richmond, VA Since last post: 40 days Last activity: 19 days |
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| that's the point.... it didn't cost that much but now it does.... and it makes perfect sense really if you have 10 $1 bills printed up to represent all the money in the world..... then the next month there are 100 $1 bills, then it makes sense for stuff to cost Ten times as much.... inflation is also affected by other factors than just the amount of money in circulation... |
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Skylaer Micro-Goomba Level: 7 Posts: 6/14 EXP: 1279 For next: 169 Since: 03-16-04 Since last post: 357 days Last activity: 106 days |
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| You have to understand that when your dad was younger he was making maybe 2 dollar per hour. |
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Kurama We gave you a 2nd chance You lost it with stupidity Level: 20 Posts: 21/136 EXP: 37337 For next: 5102 Since: 04-27-04 Since last post: 526 days Last activity: 339 days |
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| Well I guess I never saw it that way. Thank you for clearing that up for me Kitten Yiffer | |||
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Kefka Indefinitely Unbanned Level: 81 Posts: 1558/3392 EXP: 4826208 For next: 166641 Since: 03-15-04 From: Pomona, CALIFORNIA BABY! Since last post: 4 hours Last activity: 4 hours |
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Originally posted by Kurama And Erkdog, and Skylaer, and |
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Kurama We gave you a 2nd chance You lost it with stupidity Level: 20 Posts: 22/136 EXP: 37337 For next: 5102 Since: 04-27-04 Since last post: 526 days Last activity: 339 days |
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| Sorry Kefka I forgot to add those. | |||
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Legion banning people for no reason sure is fun Level: 101  Posts: 763/5657 EXP: 10399737 For next: 317938 Since: 03-15-04 From: The Crossroads is under attack! Since last post: 5 days Last activity: 5 days |
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| And don't forget me! I was here in spirit. But does anyone remember that old episode of Duck Tales where every time someone rung a bell, the amount of currency in the world would double? And Huey Lewey and Dewey were trying to buy gumballs but they were like, one million dollars each? Good episode that teaches about inflation.  |
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Kurama We gave you a 2nd chance You lost it with stupidity Level: 20 Posts: 24/136 EXP: 37337 For next: 5102 Since: 04-27-04 Since last post: 526 days Last activity: 339 days |
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| Dude, Legion that was one of my favorite episodes. | |||
NightHawk Bob-Omb Level: 39  Posts: 63/621 EXP: 374743 For next: 30028 Since: 03-26-04 From: Switzerland Since last post: 432 days Last activity: 339 days |
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| I liked the episode where they made their uncle think it was a day later than it was, and that caused a chain reaction over pretty much the entire world, lol. And all for a scooter, if I remember right? lol |
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Kurama We gave you a 2nd chance You lost it with stupidity Level: 20 Posts: 26/136 EXP: 37337 For next: 5102 Since: 04-27-04 Since last post: 526 days Last activity: 339 days |
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| I thought it was a bike but your probably right Night Hawk. | |||
MathOnNapkins Math n' Hacks Level: 67  Posts: 197/2189 EXP: 2495887 For next: 96985 Since: 03-18-04 From: Base Tourian Since last post: 1 hour Last activity: 32 min. |
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Originally posted by Legion WTF? I fricken loved that show but for some reason I don't remember the episode... |
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ErkDog Fuzz Ball Level: 47 Posts: 328/982 EXP: 752190 For next: 14013 Since: 03-15-04 From: Richmond, VA Since last post: 40 days Last activity: 19 days |
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| lol it doesn't really teach about inflation because it's inpractical.... actual inflation amounts to about half a percent a year..... not double every time a bell rings... |
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Kurama We gave you a 2nd chance You lost it with stupidity Level: 20 Posts: 32/136 EXP: 37337 For next: 5102 Since: 04-27-04 Since last post: 526 days Last activity: 339 days |
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Originally posted by ErkDog True, so true ErkDog. I thought it talked about inflation but I'm also not that smart. (edited by Kurama on 05-10-04 10:15 PM) |
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Kitten Yiffer Purple wand Furry moderator Vivent l'exp����¯�¿�½������©rience de signalisation d'amusement, ou bien ! Level: 135 Posts: 1607/11162 EXP: 28824106 For next: 510899 Since: 03-15-04 From: Sweden Since last post: 3 hours Last activity: 4 min. |
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Originally posted by LegionWhy don't they make cartoons like Ducktales nowdays? It rocked back then...  And for some reason I feel like watching some of them, screw if they are kiddy. I want memories. |
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Ran-chan Moldorm eek, when are they going to stop growing... Level: 143  Posts: 767/12781 EXP: 35293588 For next: 538220 Since: 03-15-04 From: Nerima District, Tokyo - Japan Since last post: 12 hours Last activity: 12 hours |
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| Oh, i remember Ducktale aswell. I think we have some tapes with it at home but i don | |||
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Kefka Indefinitely Unbanned Level: 81 Posts: 1657/3392 EXP: 4826208 For next: 166641 Since: 03-15-04 From: Pomona, CALIFORNIA BABY! Since last post: 4 hours Last activity: 4 hours |
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| Now that we essentially have established what inflation is, I'll answer the question that the topic title presents: Inflation is bad. Why? Because our money becomes worth less with inflation. |
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NightHawk Bob-Omb Level: 39 Posts: 74/621 EXP: 374743 For next: 30028 Since: 03-26-04 From: Switzerland Since last post: 432 days Last activity: 339 days |
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Originally posted by KefkaWell, that's contributory to the problem, but it's not the ENTIRE problem with inflation. The problem with inflation is when people get raises, are excited about their "extra" money, and then find out that the "extra" money is just (barely, if at all) covering the increase in prices. This then causes other problems.... |
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| Acmlm's Board - I2 Archive - General Chat - Inflation good or bad? |
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