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1) its not a debt centric economy, money is invested and you gain, you need not go into debt.
2)the people at the low end do not hold money or any other form of wealth, likewise their wages rise to match the inflation on average. So they are not harmed by inflation. (as was shown earlier with the average hourly rate vs inflation chart)
> There is truth to the fact that encouraging people to invest their wealth rather than save it puts capital into the economy, but people could already do this with savings banks.
No this is actually the very point your disputing. Inflation encourages investment, you take that wad of cash and put it into the economy so it can work to build things and pay wages... putting money into a bank causes that money to be loaned out, so puts someone in debt on the other side. So in fact using the bank system to just sit on a wad of cash is a "debt-centric economy" where as inflation where people are storing their money in mutual funds or other low-risk investments is far less so a debt-centric economy.
It is always when a person doesnt have a leg to stand on in their argument they resort to personal attacks.
I have had more than enough success predicting economic events and profiting off them to have proved my understand of economics. You're welcome to disagree of course, but it doesnt appear based on understanding, just your personal dogma (which is why your having a fit when your dogma is debunked).
It's just another form of theft wherein an illegitimate organization can, without democratic intervention or accountablility, redirect wealth away from where it's useful and into things like censoring the Ghislaine Maxwell investigation and hotel lodging for the Dancing Israelis.
Huh? Printing of money requires the approval of elected officials, that is democratic.
You clearly dont even understand the terms in the conversation... inflation != printing money.
