• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

Inflation

Which is worse inflation or recession?

  • Inflation

    Votes: 2 33.3%

  • Recession

    Votes: 2 33.3%

  • Other

    Votes: 2 33.3%
  • Total voters
    6
rickc said:
Which is worse inflation or recession?
Click to expand...
Depends on the severity of each. A moderately-severe recession is generally worse than moderately-severe inflation, because the pain is much more sudden and unequally distributed.
 
For me the difference in a recession or not is having a good job. Construction is one of those industries hard hit by recession.
 
The OP question is one giant falsehood wrapped in a false dilemma.

Both can be mild to extreme based on why either occurs, and when you get right down to it both happen anyway.
 
OrphanSlug said:
The OP question is one giant falsehood wrapped in a false dilemma.

Both can be mild to extreme based on why either occurs, and when you get right down to it both happen anyway.
Click to expand...

I was there when Paul Volcker took the FED funds rate to 20%. Closed my construction business and took a few years off.

Had a hell of a run during the Clinton years.

The dot com bubble wiped out many retirement accounts. Had friends that had retired and had to go back to work.

The Bush recession killed construction. Many friends went bankrupt. I saw the writing on the wall. Tried to warn them. I closed up my business and went to work.

Never really paid much attention to inflation. Way I see it it doesn't make much difference what a loaf of bread cost as long as you have the money to buy it. Now if you have millions of dollars in the bank and see it losing value every year that hurts. If you have debt and pay it back with inflated dollars that is to the good.
 
OrphanSlug said:
The OP question is one giant falsehood wrapped in a false dilemma.

Both can be mild to extreme based on why either occurs, and when you get right down to it both happen anyway.
Click to expand...

I was there when Paul Volcker took the FED funds rate to 20%. Closed my construction business and took a few years off.

Had a hell of a run during the Clinton years.

The dot com bubble wiped out many retirement accounts. Had friends that had retired and had to go back to work.

The Bush recession killed construction. Many friends went bankrupt. I saw the writing on the wall. Tried to warn them. I closed up my business and went to work.

Never really paid much attention to inflation. Way I see it it doesn't make much difference what a loaf of bread cost as long as you have the money to buy it. Now if you have millions of dollars in the bank and see it losing value every year that hurts. If you have debt and pay it back with inflated dollars that is to the good.
 
Stupidity is the worst. Biden's stupidity has caused inflation that is likely to lead to recession.
 
Other

Inflation while not nice can mean the economy is still growing, it just means that money being saved physically is losing value quite quickly.

A recession means the economy is not growing and is generally considered to be shrinking in real terms. Inflation can occur during a recession, deflation can occur during a recession. So a recession is generally worse

Between deflation and inflation most economists will say deflation is worse, as economic activity tends to reduce more as people save money to get lower prices in the future, leading to more deflation
 
You must log in or register to reply here.
Back
Top Bottom