RangerRay
Army.ca Veteran
- Reaction score
- 5,327
- Points
- 1,260
The greatest economic boom in history happened when prices fell to record lows due to industrialization (during the industrial revolution). Prices falling isn’t necessarily a bad thing, it is actually a hallmark of successful capitalism. Our current ‘capitalists’ at the top want to avoid it mainly because it hurts their margins and equalizes the playing field. It also might shake up who is sitting at the top.
I’ve been saying for a while now that just because you’re a businessman doesn’t mean you’re a capitalist.