> Since the price of apples decreases with growth, a farmer needs to cut costs to remain profitable. No? The cost of inputs will also go down? > The aim is t

> Since the price of apples decreases with growth, a farmer needs to cut costs to remain profitable. No? The cost of inputs will also go down? > The aim is to avoid a deflationary collapse I am literally quoting him in the article. It may be that the aim is to prevent a "deflationary collapse", but it's still inextricably "trying with no guarantee it will work to prevent a deflationary collapse specifically by cheating laborers out of their wages" It's even encoded in your explanation: you are preoccupied with saving the farmer's skin, not with being fair to the laborer. For the record, I am no Marxist, I'm very much an advocate of free markets, I just don't like cheating laborers. Inflationism is basically just corporatism/trickle down, made palatable to liberals.