How come we experience so much more inflation than deflation? in other words, why does our buying power decrease far more often than it increases?

Central banks have a target inflation of about 2% and actively try to prevent deflation (much more so than inflation). In general moderate inflation is a good thing as it puts some pressure on keeping the money in circulation instead of hording it.

The dollar got about 25% stronger...during the Great Depression. $100 in September 1929 had the same buying power as $79 in September 1935. Systems built on the concept of infinite growth do not like to shrink.
Just thought you'd want to know that you probably meant "hoard" as in "accumulate (money or valued objects) and hide or store away" instead of horde, which is a crowd or equivalent.

This is because inflation isn't a bug it's a feature.

Anything that transfers wealth up the chain, from working class to middle class and from middle class to upper class, is a feature of the western economic system.

For example, in England and Wales the Bank of England is charged with keeping inflation at a target of around two per cent. This means that the pound in a workers pocket is supposed to devalue. The advantage is that the government borrows money in its own currency so inflation means that its debt goes down (in real terms) when inflation goes up.

In other words, it’s similar to a tax in that the money you earn today, by the time you spend it, is worth less by design.

Inflation does has have a positive feature of encouraging investment and spending, rather than hoarding under a mattress. The money is put back into the economy because every day it isn’t, it loses value. If money were getting more valuable over time (called “deflation”), you’re incentivized to treat it like an asset—not a currency—and hold onto it as long as you can (like Bitcoin), rather than reinvest or spend.
- Yes, this is true but you also have to factor in the marginal propensity to consume, or in plain English, the poorer you are the more of your income you have to spend on necessities like rent or groceries.
  
  There are always high interest investments available to people with a large amounts of spare cash floating about even when inflation is low.
  
  If your rent + utilities + food = your income then you ain't hoarding money even in a deflationary spiral.
There are a ton of issues with our economic system, and there are a ton of structures in place to funnel money up, but keeping a moderate inflation is not one of those things.

Inflation is a specific counter-measure against people who already have a ton of money. It provides a reason for them not to just "take their ball and go home" once they have a pile of money.

To shelter their money from inflation, they need to either risk it on the open market, allowing that capital to do things like pay worker salaries, or buy things like GICs which are essentially loaning money to the government so the government can do things like build roads or fund social programs.

In either/all cases, inflation is designed to do the exact opposite of funnel money upwards, it's a mechanic to wrench that money out of the hands of the wealthy.
- I feel like this story is essentially propaganda at this point- at least in the USA where the 'risk' for the rich never plays out.
  
  The rich don't actually risk their money. They risk the government's money and other's lives and livelihoods. When they fail, they get bailed. Bailed out by the banks. Or they simply don't pay their bills and lay off all their employees and let everyone else take a bath.
  
  Rather than inflating everything, why don't we tax the shit out of their held wealth? Seems more direct without all the side effects of making FOOD, HOUSING, AND HEALTHCARE UNAFFORDABLE
- Yes, and the people at the top do keep their money in circulation, and as a result their wealth stays constant across inflation while workers’ wages and savings go down.
  
  I have no idea why you don’t see that as a transfer of wealth.
  
  You say it incentivizes the rich to not hoard cash. Well, they don’t. In fact, it incentivizes everyone to not hoard cash, but the rich are the only ones with sufficient cash to trade that cash for income-generating assets.
  
  It incentivizes everyone by punishing everyone for holding cash, but only the upper class is able to evade that punishment by converting their wealth. Poor people don’t have though cash to transform it into wealth. Their cash is only useful to them as cash.
  
  This is why the poor are feeling the inflation the worst. People who own no stock are the ones hit hardest when the government printed a bunch of money and injected it into the stock market.
- It provides a reason for them not to just “take their ball and go home” once they have a pile of money.
  
  If that's the reason for it it's not doing its job. Investments are much like savings to high net worth individuals and their investments are managed by someone else and they simply lay in the cut and collect dividends. Yes there is a risk to investments but if you're in a good wealth fund then over time you're almost guaranteed to win even if you have disastrous months here and there.
- Or just buy gold and bitcoin and other things that aren't tied to the value of the dollar.
Well, yes but no. The typical worker (sadly) has zero real savings and ideally their union manages to get at least an inflation adjusted raise each year. So those people are actually not effected by inflation at all.

It's mostly a tax on upper middle class savings and a way to sneakily decrease wages if there is no strong labour representation preventing it.
- Which union secured their members a 10% wage increase in the past year?
  
  The poor are the most affected by inflation. Just because their spending pattern doesn’t shift doesn’t meant they aren’t affected. The shift in spending patterns is a way to avoid the effects of inflation. A person whose income cannot be diverted is the most effected.
  
  It’s like a plane is crashing and one person ejects while the other person doesn’t. Yes getting ejected from a plane’s cockpit is a high energy event. But crashing in the plane is an even higher-energy event.
  
  The people who you are saying are “most affected” by inflation are experiencing those effects in the activation of anti-inflation mechanisms in their life. Those anti-inflation mechanisms while they do represent an effect are not as big as the effects felt by those without access to those mechanisms.
A little bit of inflation is a fuel for economic activity. If money doesn’t lose value people have less incentive to put it to work; if it gains value(deflation) people have all the incentive to hoard money.

Currency has no inherent value, it’s purpose is to facilitate trades(economic activity). Products and services are the real value in an economy.

That being said inflation is a real tax and disproportionately hurts the poor.
Inflation happens when rich people find out you've got more money and rush to fuck you out of that too.

That's why any kind of tax break, stimulus or welfare is met with "but inflation!"

Experts in pseudoscience may claim "it encourages people not to horde wealth!" but it's just another lie that makes rich people richer when it fails to deliver for the 1000th time.
I've been taught that inflation deincentivizes hoarding wealth too, but seeing how wealth is still hoarded, I'm not convinced it's an effective tool.
- That's the difference, they hoard wealth and not currency. The value of assets do not go down when currency loses its value with inflation.
  
  Wealthy have little to no cash that would lose value with inflation, they just buy everything on credit and have their wealth tied to assets and investments that probably gain value at least at the pace of inflation.
- Wealth is hoarded; cash is not.

All fiat currencies are designed to prevent hyperinflation and deflation.

Why is deflation bad for an economy? It encourages prior to hold off on spending money as money tomorrow is worth more than money today. It also means people are less likely to invest money, as you can get better returns by saving your money under your mattress.

Everyone seems to be missing the most dangerous part of deflation: If prices fall year over year, collateralize credit becomes incredibly unstable. If you borrow a million dollars from the bank to build a house and then in five years that house is worth half a million...well you would be stupid not to walk away for your loan and leave the bank with a half million dollar hole in its balance sheet. If the whole market does this consistently year after year then banking becomes impossible and the whole system collapses. Weve had this happen before, such as during the Great Depression and very briefly during other market crashes like in 2008. If a central bank has to choose between inflation and deflation, they will choose inflation every time.

So you're saying that deflation hurts the banks? Oh no! Not the banks!

Fuck regular people, right? A home is obviously an investment first and shelter second. Why would anyone need a home to live in, if they can just rent it out for obscene amounts of money, because banks have to have infinite profits?
- It doesnt hurt the banks, it destroys them. The modern economy is unable to function without banks. I suppose if you were in favor of entirely destroying the modern economic system, long term deflation would be the easiest way to do it. Dont expect some sort of socialist utopia to come out the other side though. Last time we had a serious deflationary run we ended up with a handful of obscenely wealthy robber barons and a world war.
- There's a difference between sitting on a house for a decade to sell it at 10x the price and the simple fact that the builder of a house needs to make a profit over the cost of building it
If you borrow a million dollars from the bank to build a house and then in five years that house is worth half a million…

I don't understand much. What so bad about house losing value, if we never intended it as capitalistic investment?

Everything suppose to be "utilitarian" basis instead of ever-inflating "profit" basis that hurt majority, no?

Just my curiosity why deflation is a bad thing, other than monetary incentive system broke down and no one working (right now, monetary system still broke down on opposite spectrum due to purchasing power collapse, I assume?)

Edit: clarification

Profitable or not, a house is a shelter, not renting or trading item? (This is what I meant by capitalistic mindset, not about corporation, but the very profit mindset of human.)

Edit2: clarification2

Yes, same opinion on investment and passive income. All capitalistic nature. Impossible to earn passively unless someone or some machine enslaved, right? Yet everyone love passive income idea so much, pumping profit everywhere, more money more inflation, no? In the past, people might save years to a house, now, people earn endless passive income to no house, I think that's the very reason to it. Passive income is somehow bad. (Not to be mixed with voluntary welfare system, passive income is auto sucking involuntarily, iinm)

Edit3: clarification3

So about the house worth dropping. In bookkeeping, historical cost don't drop. However, future value inflation exist thanks to "profit future inflation". So, we still have to settle book value of loan, I don't get it how the value dropped though? A liability is a liability, not to be messed with "~~inflating~~ fluctuating market value", no?
- Im not sure what you are trying to say exactly. If you are running your responses through a translator you might try using smaller words so more of the meaning comes through.
  
  Say you owe the bank roughly a million dollars and the house is only worth half a million. If you continue to pay the bank, you are paying double price for your house, plus interest. If you defaulted on the loan you could show up at the bank auction in a fake mustache and get it for half price. There are people out there who would work themselves to death to pay their mortgage because they see it as their sacred duty to the bank. Those people are suckers, and they end up very poor in this scenario.
  
  Now keep in mind that this isnt just house prices were talking about. Stock prices, salaries, food, land, machines, fuel, clothing, vehicles, every month the price of all of it goes down and the value of little slips of paper goes up. This is the ultimate passive income. If you are rich you cash out everything, put your paper in a vault and each month you become richer. There no investment, no economic growth, no liquidity. The economy strangles to death while the people with all the paper control everything thats left.
  
  This is the dream of all the gold, silver, crypto bugs trying to create deflationary currency. They figure they can stockpile enough of the new currency now and come out the other end of the disaster as the new owners of everything.
- I agree, it’s only natural a house would decrease in value after it’s been built. Just like cars or anything else. You could mitigate that by renovating etc of course.
It's almost like endless profit is baked into the system. Guess I'll continue never owning anything and generational wealth will be the only wealth left soon

Because once a corporation increases prices due to "supply and demand" or whatever bullshit reason they make up that week, those prices never go back down if the reason changes. conveniently.

Every corporation will say "we need to increase the price on "x" because the primary supplier in Bolivia is facing economic turmoil...blah blah blah." But once that turmoil is over and supply returns to normal, they don't bother taking the prices back down and rely on the fact that modern society is too distracted by their "conveniences" to care.

"The people will not revolt. They will not look up from their screens." -- a stage play based on George Orwell's 1984

They (the super-rich) have created a class of people beneath them who don't notice or care that they're being fucked over so long as they are provided with more and more vapid content to consume.

“The people will not revolt. They will not look up from their screens.” – a stage play based on George Orwell’s 1984

Striking line--now we just have to figure out how to get people off their screens and onto streets.
- Things either need to be really, really bad and people are done or we need to find what they care about more than being comfortable. I was not always politically active. It took until my late twenties and seeing how bad things can really be. I have been an activist on the human rights front for about a decade. And it only happened because I really saw the issues in my country and continent. But while my family knows as I make sure they know, and some kind of care, it is not important enough for them.
  
  But weirdly. My country had literal neo-Nazis as a minister and everyone with a brain thinks we still do as bids of the same feather and so on. And suddenly my leftist but not active friends became active, online and outside that. It is weird when I have been warning that this is the road we are on for the better part of a decade it took it to happen for people to take action. Thankfully we are still solidly democratic so this might work. At least for a few years.
Prices go down all the time. You literally watched egg prices fall like 4x this year.

Inflation is a tax on hoarding money. In an ideal world, it will push rich people and companies to reinvest their wealth in the economy, instead of hoarding it. Unfortunately, in the real world it doesn't work on the very rich, so it only affects the upper middle class and the moderately rich.

Exactly. And deflation incentivizes hoarding money. Inflation is bad but deflation can be worse. If no one spends money because you're literally making money by sitting in it the economy would crumble.

In a bad case the government would have to slash interest rates, maybe even slightly negative.
- You don't see high inflation and deflation much in the real world but you can easily observe it in online game economies when money is created out of nothing through grinding and the hoarding behaviour can depend a lot on what is available that is worth buying with that money.
- What I'm trying to say is that (in theory) moderate inflation isn't bad; it is meant to discourage hoarding.
Yeah it only works on the money. Holding income-generating assets isn’t affected because people can increase rents to maintain the same income stream.
- Income-generating assets are doing something to generate that income, which is presumed to have some beneficial effect on the economy more than cash sitting under your mattress does.
Inflation is a tax on hoarding money.

It's a tax on my savings and my retirement. My savings lose 2% a year, on purpose. This means I have to play in the investment game to so much as break even. I'd rather not have to play the stock market game and just save my money for retirement without it losing value.
- I’d rather not have to play the stock market game and just save my money for retirement without it losing value
  
  Which is exactly what they mean by hoarding money. Everyone would prefer that, and if everyone did, all that money would be taken out of the economy. Instead we're all motivated to invest in things, which keeps the economy growing and healthier for all of us.
all these takes kinda suck.

The people most affected by inflation aren't the rich at all. Theirs a whole generation inflated out of housing. Some might understand that as modern serfdom.

Actually, inflation by itself is a natural phenomenon,
associated to the growth of the population. Deflationary trends are actually symptoms of something far worse happening.

In order for inflation not to exist, growth and access to natural resources should match the growth of populations.

In a Utopian society, a la Engels, the growth and access to those natural resources would be controlled to match the growth and access needs of the population, thus helping humanity not to experience inflation. But of course, that also denies humanity, and humanity’s ambitious nature.

In reality, the growth and access to those resources is controlled for many reasons, which in many cases, have nothing to do with ambition. For example the geographical access to certain commodities can be used to barter for resources or commodities inaccessible in that community.

And of course, there’s ambition and the discovery that owning a resource gives us the power to demand more for it, and not only have a better live, but have access to anything we want.

When there’s a disruption in one resource, as far as accessibility to it, it has a chain reaction that affects everything else.

Take the war in Ukraine and it’s repercussions across the world. The two resources that have been disputed right now is wheat and oil. Two of the major suppliers of indispensable commodities in the world are at war and their commodities are inaccessible or hard to obtain. Just the shortage of wheat has significant implications in the food that is processed for consumption around the world, because it’s not only used to feed humans, but other sources of meat for humans.

But what happens in a deflationary trend? One would think we just produced more of something and we have to sell it at a lower price, until we get back to an equilibrium of supply and demand. But it’s not that simple. Causes of deflation could be:

A) Lower numbers of population. While access to the natural resource is there.

B) Overproduction of a certain good.

The first one, indicates that either people are dying, leaving or not reproducing. And the demand is lowering constantly.

Now, think about why would people leave a community. A quick example: crime. Two examples: People leaving their towns in rural Central America for the US, or in Africa for Europe because their home towns are overrun by warlords, gangs and drug cartels. Likewise, communities in the US that are run by drugs and crime is rampant. You have a choice to flee or die.

The second one speaks about the over production of something. By default, companies don’t try to over produce, because the costs associated to storage and maintaining an inventory could eat up on their earnings. But there are times when overproduction happens because of a bubble. The easiest example for this, is the Tulip crises of the 1400s. Tulips became a sought after commodity that the prices started going up. Suddenly Tulios went from a nice flower to an investment. A bubble was created. People decided that it was a better investment to buy and sell tulips, than plant wheat, or sell meat, which drove the prices of food up; some people even mortgaged their home or land to invest the money in Tulips. For a time, that created wealth and people spent it in luxury. And then, Tulips were over produced and came out of style. Demand disappeared almost instantly. And then people didn’t have money to pay their debts, to buy food, live in a safe place. Famine and plagues started…and prices went down because there was no demand for anything.

So…that’s why you don’t want to see a lot of either, inflation or deflation, but it’s also why you see more inflation than deflation.

But of course, that also denies humanity, and humanity’s ambitious nature.

Man, I hope you're wrong about that, because Earth isn't growing any bigger. We did live in rough balance with things for about a million years, so I have hope.
- Earth isn’t growing any bigger, but we have surpassed “limits” described by scientists without the collapse they predicted.
  
  The actual capacity of Earth isn’t a fixed value.

More than 90% of the money we use does not come from the central banks, i.e. does not exist as cash and is not backed by the government directly. Instead it is book money. Here is how this works:

When a bank lends you $1000 at 10% interest for a year, they don't physically have that money. Instead, they write into your account: We owe you $1000. They also write into their account: Skaterboy42069 owes us $1100.

See how the $1000 you have in your account just appeared out of nowhere? They are of course balanced by the bank's $1000, but there is an extra $100 (the interest) that was created permanently. It's up to you to come up with a way of making those extra $100 in one year. Now apply that to the entire monetary system and the whole economy, and you see how the only way is up.

As an aside: This is also precisely the reason why we need ~2% GDP growth annually, and any standstill or even shrinking is an absolute disaster. Debts don't get repaid and are defaulted on, and money literally evaporates. Ask yourself this: imagine GDP drops 10% over night and what that would do to the economy. Why would that be such a disaster if it would simply send us back to about 2018 GDP-wise (when we all lived in caves)?

A few good comments and quite a few... not so good. A lot of explanations that focus on 2nd order, downstream effects and the machinations of economists and politicians. Price is one of myriad ways to measure the past & current state of the economy and to make guesses about its future.

"Inflation" is what we call it when it costs $1.00 to buy a dozen eggs last year and $1.10 to buy a dozen of the same eggs this year. "Deflation"is what we call it if the price goes down to $0.90 this year. Just to set some terminology.

No one person or group or policy or activity causes inflation or deflation. It's just a measure of buying power.

But there is one key difference between inflation and deflation: the latter has a limit. Prices can go up forever, but they can only go down to $0.

So when all the people are trying to craft policies that influence the economy, they don't want the economy to go in the direction of the brick wall of $0 prices.

It's probably the case that inflation is the only thing that can happen and have a functioning economy over the long term. If that's the case, then keeping it low is the best approach, which is why the American economic establishment has a target of 2% inflation.

I'm a little confused and not knowledgeable on this at all so I'm genuinely curious: if inflation goes crazy for years, like 8% for 4 years let's say, why is there no concerted effort to drop it for a while, like -5% for 4 years, to "bring it back" to the 2% aimed for originally? If that makes sense. It seems like if inflation gets insane we're all just stuck with it for the rest of time?
- No expert, but another advantage of inflation is to create incentives to invest/spend money. With a deflation you are rewarding people that keep their money in a pillowcase. Which is probably bad.
  
  Additionally there probably are some control structures to increase or decrease inflation, but they will bring their own cost with them. So controlling Inflation may be not controllable enough/not worth it to do so.
- If prices go up, and stay up, eventually things like salaries have to go up too, at least a bit. If you need a certain amount per month to live when last year you could get by on less, you'll need a job that pays you enough to live. In theory if the price of goods has gone up then the value of whatever you're producing for your company has gone up so they can afford to give you the extra (in practice they take a lot of the extra as profit and pass on just enough to retain employees and no more). Of course, it's the same physical item, so eventually it all sort of balanced out.
  
  You can see this if you look at it in the long term. In 1970 the average salary in the UK was something like £1200 per year, and a house cost £4500 or something. Today the average UK salary is over £27,000 and a house is around £285,000. The houses haven't got 61 times larger or anything, that's just inflation. So, yeah, you kind of are just stuck with it.
- Prices are always set by the market. How many widgets are available to buy vs how many people are willing to buy them.
  
  In that context, the only way to reduce prices is to reduce willingness to buy, and we can only do that by reducing the money people have to buy things with.
  
  This has a cumulative knock on effect. Less stuff being bought, less workers required to produce less stuff, people earning less money, less stuff being bought. This is called a recession, when the entire economy is shrinking.
  
  Money is really just the lube that keeps the whole thing ticking. The important thing is that everyone is working and producing value. If everyone just stops working then we cant swap the things we produce for the things we want.
It depends on how you define things on if it has a lower bound. If you're talking percentage, it's infinite. It's Zeno's Paradox. If you decrease by half, then decrease it again the second halving is less than the first, and this continues forever, never reaching zero. It approaches zero as we take the limit to infinity, but we can never reach infinity obviously, and yes, we could divide a penny if we need to. Since inflation and deflation work on percentages, not descrete values, deflation could never reach zero.

Inflation is a useful tool though. It makes it so spending money now is better than saving. Deflation makes saving money better, which slows the economy. Basically, things have to go very wrong to make deflation happen because tools will be used to prevent that.
There are many reasons for inflation, but the biggest in Capitalistic economy is the interest and that there is no Gold the money is tied to. Basically, they can print out as many dollars as they want. There is no Gold standard.
I believe New Zealand was the first country to set the inflation target to 2%. So not sure what relevance the American inflation target has in this discussion. OP didn't say they were from the US. America probably followed New Zealand's lead.
- Doesn't matter, America is the only country 🇺🇲

In 3 words: printer goes brrrr

Havent read that sentence since I left reddit (and WSB with it hahaha).

Tldr our economy is designed this way. The federal bank sets monetary policy to maintain inflation.

I just took an econ-102 course intro to macroeconomics that covers this. It was free at my community college. I recommend doing it!

Inflation occurs when the value of goods increase. This can mainly be caused by two things: An increase in consumption or an increase of production costs, which causes the vendor to increase prices in order to maintain profits.

Deflation would occur when the opposite happens, aka when the value of goods decrease. This can be caused by things such as new technological improvements (old hardware has become cheaper, because new hardware has been released and the older hardware is no longer state-of-the-art), a reduction in consumption or a reduction in production costs. Perhaps I've missed a few cases, but these are the main things I can currently think of.

Anyway, while deflation is generally useful for consumers (they have to pay less), it's not very good for borrowers. Let's take a mortgage for a house, for example. You want to buy a house for €200k and have a mortgage of €200k that will cover the house. If something bad happens to you financially (for example, you lose your job), you may end up in a situation where you'll no longer be able to pay off your mortgage. Shit happens right? Usually, the bank would take control of your house, sell your house for €200k and use the revenue from the house to pay off your mortgage.

However, if deflation has occurred and your house is no longer worth €200k, but €150k, you still have €50k to pay off to your bank, after the bank has sold your house. Simultaneously, you're unemployed, so how are you going to do that? If you declare bankruptcy, you will no longer have to pay off your debts and the bank has lost €50k.

Besides this, deflation can also be a symptom of something worse happening, such as high unemployment rates and a decrease in consumption, for example. When more people get unemployed, people will spend less, which reduces demand, which leads to a decrease of prices.

The value of things doesn't really increase. One loaf of bread still makes my hunger go away the same amount that it does regardless of its price tag.

It's the »measurement tool« that we are measuring/defining its value with that's changing in alignment to the amount of supply of bread.
- It's good that someone else also understand that value of goods doesn't increase during inflation, but that the value of currency decreases. If the value of a good increases then that means you need to exchange more of other goods to get the same value as that good that increased in value. Add in that goods often have different values to different people.
This can mainly be caused by two things:

You forgot expansion of the money supply.
- Increase in the money supply does not in itself cause prices to go up. There's an indirect mechanicism but it's not automatic.
- Tell me: if the Fed prints a one quadrillion dollar bill but looks it into a safe so that nobody can ever use it. How much inflation do we get?

hints :

inflation increases the nominal amount of tax on added value, good for countries balance sheets
inflation decreases the real value of sovereign debts
a company will never lower its prices as long as sales do not plunge
energy actors only look at natural gas prices when it raises, never when it comes down

you could add your own items to the list, it's a long one.

Deflation discourages spending at all levels, because why spend right now when your cash will be worth more later? This kills any economy.

Yikes 😳

Inflation (of the supply of money in circulation) is caused by an increase in the supply of money in circulation. As the number of US dollars in circulation increases, inflation (of the money supply) is experienced.

We experience inflation instead of deflation because the ones who control the supply of money have chosen it.

And while many commenters are defending inflation as good and necessary, there is an argument that inflation punishes individuals who save or are on fixed income. Inflation of money supply is also described as "devaluation of currency"- it is becoming less valuable over time. Inflation could also be described by a "loss of purchasing power" which means a person can buy fewer goods and services with the same amount of money as the currency loses its value.

To offset this "tax", people must put their money in places that will grow. Government bond's interests are close to inflation, for example, and are seen as the safest of investments.

Because our monetary supply is controlled by an entity that can print new money but doesn’t have any good way to take money out of circulation.

Yes? Everytime a loan is payed back the money supply decreases.
Consider a series of transactions for a certain amount of money. Each transaction has a tax cost, that reduces that "certain amount" of money. On average, six transactions return all of that "certain amount" of money back to the treasury/ per Krugman.
- Taxes don’t take money out of circulation. The government spends that money.

Poor people are dependent of governments to survive. And when people are dependent, they’re easier to control when you can threaten to take that away.

Because capitalism = cancer. It survives on endless growth. it hates retraction, even if the host survives longer.

So they print money and target inflation. They take actions that MAKE it so things never deflate.

Bigger numbers are better than small numbers and I have no idea.

"1/3 is bigger than 1/2 because bigger numbers are better than smaller numbers and I have no idea"
- That is exactly what happened with third pound burgers.
  
  https://www.snopes.com/news/2022/06/17/third-pound-burger-fractions/

Debt is what drives inflation. Let's say you got a total of 1k USD in circulation. Now, let's say that some person decides he needs to borrow 100 USD from the bank. The bank gives him the 100 USD, but with intrest. Let's say that that intrest is 10 USD. So, the person gives back the 100 USD plus 10 USD intrest. But, there's a problem. If a total of 1k USD is in circulation, where do the 10 USD come from. It can't come from thin air, so it has to be printed. Thus, now you have 1.01k USD in circulation which inflates the prices of things.

There are other reasons as well. This is all well explained in Zeitgeist. I suggest you take a look at the documentaries.

Eh, I think you need to rethink this, as this is nonsense. Maybe you forgot some steps?
- Why is it nonsence? It makes perfect sense to me 🤷. Granted I may not remember everything correctly and other things that were explained in Zeitgeist, but I think I remeber this correctly.

As for your first question, the reason why real Americans love inflation so much has to do with President Trump's economic policies. When he took office in 2017, he implemented policies that were designed to stimulate growth and create jobs, such as reducing taxes on businesses and individuals, increasing government spending on infrastructure projects, and implementing trade policies aimed at reducing the US trade deficit. While these policies have had some success, they have also led to an increase in inflation rates over the past few years. This is because when the economy is growing rapidly, businesses may choose to raise prices in order to maintain profit margins, leading to higher prices for goods and services. Additionally, the increased demand for goods and services due to the economic expansion can lead to shortages and other supply-side issues that drive up prices. As a result, while President Biden has tried to address the issue by implementing certain measures to control inflation, it remains a persistent challenge.

Regarding your second point, despite the current administration being led by Joe Biden, many of the economic policies enacted during the Trump presidency are still having an impact on the US economy. For example, the Tax Cuts and Jobs Act of 2017, which significantly lowered corporate tax rates and encouraged business investment, is still in effect and contributing to the overall economic growth and inflation pressures. Similarly, trade policies such as those related to China and Mexico have continued to shape global trade flows and influence domestic price levels. Therefore, even though President Biden is currently in office, his administration is grappling with the lingering effects of policies implemented during the previous administration.

Finally, I would argue that real Americans love inflation because it shows that our country is growing and thriving economically. Despite the challenges associated with high inflation rates, it signals strength and dynamism in the US economy, which is something to be proud of. Furthermore, some Americans may see high inflation rates as a sign of a strong economy, where businesses are generating more revenue and consumers have greater purchasing power. Overall, while high inflation can be a challenge for some individuals and families, it is not necessarily a negative thing for everyone.

Does that answer your question?

What's a "real American" and why does their opinion hold objective value?