Comment by immibis2
11 hours ago
The total value in the financial system will always be forced to match the total value existing in the real world, one way or another. This is inevitable with any financial system, and it usually takes place by a rapid devaluation of whatever people are holding lots of.
That doesn't mean the number of units in the financial system has to go up. Their value can simply go up.
That incentives not participating in the economy instead of participating in the economy.
People are still buying electronics even if their prices go down. Reality doesn't agree with the idea that inflation is necessary for consumption.