Showerthoughts

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A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. The most popular seem to be lighthearted, clever little truths, hidden in daily life.

Here are some examples to inspire your own showerthoughts: 1

Rules

All posts must be showerthoughts
The entire showerthought must be in the title
No politics
- If your topic is in a grey area, please phrase it to emphasize the fascinating aspects, not the dramatic aspects. You can do this by avoiding overly politicized terms such as "capitalism" and "communism". If you must make comparisons, you can say something is different without saying something is better/worse.
- A good place for politics is c/politicaldiscussion
- If you feel strongly that you want politics back, please volunteer as a mod.
Posts must be original/unique
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We keep measuring everything's value with something that continuously loses value over time (lemmy.world)

submitted 9 months ago by [email protected] to c/[email protected]

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It's becoming really annoying.

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[–] [email protected] 3 points 9 months ago

Throughout the 1800s, the us saw increasingly more severe and more frequent economic boom and bust cycles. This helps the wealthy as they are the ones who can buy up all the assets during the busts, and the common man gets fucked. This all culminated with the great depression. Its something like 20 recessions of 15% or more retractions between and 1930.

When the fed was given teeth to actually control the fractional reserve system., we've seen constant inflation, but the number and severity of economic recessions has gone way down.

We've seen 1 retraction over 15% since 1940. And that was because of COVID lockdowns.

This small, controlled inflation is great for the regular joe because it creates stability. And it was all going well until deregulation during the 80s.