>>60277968
>national security disaster.
Not my problem.
>Because the reduction in the cost of goods doesn't offset the decline in wages
If we had no central bank, it objectively would. Just accept it. It happened in the past.
>There is no reason to think a service economy would pay well without a central bank.
On average service sector jobs pay maybe 30% less than manufacturing jobs.
Meanwhile deflation would force prices down 10% a year. Americans would be rich as fuck. Everything would cost pennies.
It's an extremely good trade off.
>Good prices aren't extremely low after shipping the entire Midwest to China.
Actually adjusted for inflation they fucking are. Look at clothes, and technology. Do you know how expensive TVs used to be, zoomer?

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Trump officials literally hate capitalism and global tradeThey really wish to break the system and make us peasants

Trump officials literally hate capitalism and global trade
They really wish to break the system and make us peasants