this post was submitted on 28 Aug 2023
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[–] EhForumUser@lemmy.ca 1 points 1 year ago* (last edited 1 year ago) (1 children)

We chose to live in a capitalist system. Inflation, amongst other issues, is a problem with this system.

Inflation is merely observance of people believing that a currency has become less valuable than in the past. In what way is that a problem of capitalism? Currency is not a feature of capitalism, nor is assigning value to something a feature of capitalism.

Perhaps you mistyped 'currency' when you wrote 'capitalist'? Autocorrect can be a harsh mistress. It is true that we live in a currency system.

[–] LHookham@c.im 2 points 1 year ago

@EhForumUser
Nope, no autocorrect. Currency is a means of trade within the system. Not sure why you would not think that was a necessity within the system?