Bitcoin Forum

Are recessions good for the economy?
Why Recessions Are Good For Our Economy?

The recession is a necessary evil for the re-distribution of wealth. The system is pretty harsh, but without there would be no future prosperity.

It just means we really broke as hell. And that means less jobs, less movement.

Since majority of the middle class move the economy, the less jobs the cost of goods are just the same and lending also becomes harder for new home owners.

Not much of a good thing, you want everything to be flowing.. not halting in a sense. And things become more expensive.

A recession is a symptom of the economy doing poorly. It makes just as much sense to ask "is sneezing good for your health?"

That is like asking if tides are good for the ocean.

A recession is not good or bad for an economy -- it is a natural part of an economy. A recession is a result of poor investment during a boom.

In a recession, the poor get affected disproportionately. They have to struggle to find jobs and satisfy their basic needs. I don't think it results in re-distribution of wealth,

Absolutely correct.  Recessions are not good for the poor.  It is NOT a redistribution of wealth unless you are just talking about rich people getting richer. 

Recessions are not good for the economy.  A recession is an indicator of poor financial management and poor leadership at several levels.  Money is a finite resource.  When you have a recession, slowdown, depression, etc it means there has been a terrible imbalance in the economy and there is an absolutely obvious reason for it.

The problem is that the rich and super rich don't care.  They have won.  They are rich so they dominate and that's the end of it.  The only way for the common citizen to overcome this is for democracy to work and for democracy to not be owned by business managers, CEOs, Corporations, and greedy pigs. 

Until people vote for people more like themselves and less like Donald Trump, we'll always have recessions.  But the elite super rich are really good at being snake charmers and some how they muster less than 50% of the votes and still manage to win elections.  Because the douche bag liberals can sometimes look worse than the turd sandwich conservatives. 

According to me is for sure that not. There will be pain and loss. If it is possible to be avoided a recession why have that? There loss can be used to do good things and that lack of the pain would leave those who have proved it happy. Both those actions are right and not wrong. If we want the right we will not want the recession. If are people who want the wrong for sure that want the recession.

No it's actually the re-allocation of wealth in the good hands.

See in prosperity the elite get to get rich on other people's money (via borrowing and creating inflation). In a recession they lose most of their investments : stock , bond, etc , and they give some to the people who can purchase to kickstart the real economy.

The real economy is based on production and savings, the phony one is based on printing money and gambling in stocks.

Recessions naturally create shifts in our thinking and behaviors people and governments on average . Over the period of a recession everyone go from being irresponsible and irrational spenders to prudent savants who make much better financial decisions. So some times it is good to happen once in a while to settle down the dust.

They're a self fulfilling prophecy. Lots of people 'tighten their belts' when they're earning the exact same wage as before. It's herd mentality in action. A recession happens because people believe there's a recession.

Good point. But I have one question to do. If I think that I want to have 100 000 us dollar and want to have those within one day it will be verified this my desire?

Recessions are neither good nor bad. They just occur, because perpetual growth is a myth that cannot work in a world with limited resources.

In a typical recession, artificial credit-inflated "growth" is adjusted back to real demand. Regardless of the whining that is a common companion of a recession, this is very healthy.

In the times we live in, we have yet to see a real recession that will do away with the fiat scam by central banks....

ya.ya.yo!

I have doubt that this sentence is true. You can find to many data about the terrible recession that the world have seen only 8 years ago here: https://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%9308 (https://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%9308)

My point is not that we haven't seen a recession yet. My point is that what we have seen so far is nothing compared to what we are likely to see next, because the past recession did not force the breakdown of the fiat scam, it only led to its more intense application.

All the "growth" we are seeing now is fueled by excessive money printing, hence inflation. This scheme will collapse in the foreseeable future.

ya.ya.yo!

Recessions are not a disasters, there are some positive aspect in recession as well:

1. Economic decline allows the economy to clean out the excesses and in a process enables economy to experience long term growth.

2. Balancing economic growth - it helps keep inflation in check.

3. Recession can create buying opportunities because of low asset prices.

4. Recession brings change of mindset. People usually stop trying to live above their means, they are forced to live within the income they have.

Well, I don't know where that redistribution of wealth is at, me and everyone I know is still as poor as we were ages ago. It seems is not happening around here. Did anyone see any wealth redistributing into their pockets?
The only actual hope here is Bitcoin. The system is rigged and wealth will always get "redistributed" into the same people.