Inflation is a Good Thing, Here’s Why

You’ve undoubtedly seen the headlines about inflation, and chances are that your vaguely racist uncle won’t stop talking about it during family dinners. Unfortunately, the topic of inflation is something that’s unavoidable nowadays.

But only hearing about inflation does little to actually prepare people for what sounds like something big and scary. We’re going to demystify inflation by providing a blueprint for how normal, everyday working folks should approach it.

First of all, recognize the many positive impacts of inflation

Although the threats of inflation are definitely overblown, we must also recognize that the fearmongering around inflation in general is often sourced from far-right propaganda. Inflation isn’t actually going to come to your bedroom in the middle of the night with a bloody axe, folks.

In theory, inflation raises prices, but we have to remember that as a result of President Biden’s policies, wages are rising, and more jobs are being created. While there can always be more progress to make in regard to wages, let’s not discount how it’s easier than ever to find a job — and this is despite how much damage Trump did during his administration.

At the end of the day, the economy is stronger and more vibrant than ever. And inflation means higher Gross Domestic Product, which is a good thing.

Just ask China, which is currently suffering a dramatic economic decline due to deflation…that means everything is cheap, but it also means nothing has any value. Including real estate.

Here’s what you can do to be a more responsible consumer and contribute to the economy while reducing your exposure to inflation…

Hedge by investing in yourself

It’s never too late to invest in your education and professional development. Take some courses or get certifications that will make you more of an asset in your field, then ask for that raise you’ve been waiting for polish your resume and pursue a more competitive compensation package elsewhere.

The best way to beat inflation is to guarantee that your pay will always outpace it.

Reduce your carbon footprint

One secret driver of inflation is climate change, according to a report by Axios. You can personally join the fight against climate change and become an ecowarrior for progress, thus simultaneously joining the fight against inflation, by reducing your carbon footprint.

You can easily make a big impact on the environment through small lifestyle changes, like riding a bicycle to work instead of driving, or by ditching plastic cups and straws and cupping your hands together to drink beverages. I added that last part to see if you were paying attention or not.

Turn down the thermostat

Another driver of inflation is Putin’s war of aggression against the sovereign democracy of Ukraine. As a result of Putin’s war of aggression, the price of natural gas is set to increase. One easy way to fight against inflation is by standing in solidarity with Ukraine and refusing to heat your house with natural gas.

But of course, you shouldn’t have to freeze to death. You can easily find YouTube tutorials on setting up alternative heating solutions inside your house — even fire pits! Whichever alternative you choose, be sure to try to minimize the environmental impact (see earlier tip), for example by burning old trash rather than freshly cut lumber.

Sell your house and rent an apartment

Single-family housing is not only systemically disadvantaging people of color and objectively bad for the environment, but it’s also a big waste of money. There’s no reason why anybody needs to own a big house, especially in 2024, which is a time where couples are having less children and women are free to explore their careers without being tied down to their homes like slaves.

No matter who you are, you probably have too much stuff anyway. If you’re struggling to downsize, try selling excess stuff and giving part of the proceeds to charitable causes — the thought that you’re helping people out will be enough to motivate you.

Yards, garages and large homes are a throwback to slavery. They’re the modern capitalist version of feudal castles and Antebellum plantation houses. We don’t need them.

Living in an apartment doesn’t just save you money. It’s better for the environment. A smaller space means less energy spent on heating and cooling. It also means you’re closer to your neighbors, making them feel like friends and part of a tight-knit community, instead of the couple next door with a bigger boat and nicer cars.

Capitalism has sold us this lie that we need to fight with each other for more stuff. To own more land, more assets, always more, more, more. But downsizing is freedom from this toxic relationship with ownership.

Educate your friends and family

Much like the Santa Claus, if everybody believes in inflation, then inflation becomes a self-fulfilling prophecy. Conversely, if everyone is educated to be wary of debunked far-right conspiracy theories, then inflation will have little impact on our economy.

When people are afraid of an economic crisis, they hold onto their cash and stop spending. This actually ends up amplifying the problems they’re trying to avoid.

If people start hoarding their money, profits will decline and the stock market will crash. If people simply have faith in the great job that our leadership is doing, despite sabotage from Russian oligarchs and their conservative puppets, then the economy will remain stable. Economics can be complex, but it really is that simple at the fundamentals.

So tell your racist uncle to stop repeating his far-right talking points about inflation. Call his activity out as a subversive form of fascism designed to worm itself into families through dinner tables and front porches.

Spend more money

In order to prevent inflation from occurring, people need to stimulate the economy. Remember that nice stimulus check Biden gave us? That was to fuel the economy. But it only does it’s job as intended if it’s getting reinvested by being spent.

It’s the same principle here: when people spend money, the economy is stimulated. If you’re financially savvy and end up selling your house and some of your old junk, then you’ll have plenty of cash to buy new things and help keep inflation at a healthy level.

Vote for Democrats in November

This one is obvious. The only way to stop the pain created by Trump and Putin is by continuing to support Democrats. According to the experts, Democrats are better at developing a strong, healthy economy. And I think we can all agree that the success of many parts of Biden’s economy speaks for itself.

He’s done a great job fixing the disaster Trump created, even while being hamstrung by stubborn partisan brinksmanship from conservatives in Congress.

Get a side job

There are two blessings that COVID-19 brought us: less boomers, and the explosion of the gig economy. Whether it’s DoorDash, Uber, or selling your artwork on Fiverr, there has never been a better time to be your own boss and set your own hours.

And, of course, getting your hustle on will lessen the impacts of inflation. You could even try dipping your toes (literally) into the world of OnlyFans. I got my start in adult content creation by selling feet pics to subscribers.

OnlyFans has over 1.5 million content creators, and most of them are women (like me) who are forging a path of financial independence for themselves. If you’re more adventurous, you could even try experimenting with the world of sugar babies.

Thank you to my recent followers!

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