How do you feel about long-term deflation?
“How do you feel about long-term deflation?”
Not well, I just wonder if in the long run a gold standard would help create a more honest and solid economic system.
“How do you feel about long-term deflation?”
Pretty good actually, so long as it is not the kind preceded by central bankster-induced hyperinflation.
IOW, if a gradual lowering of prices occurs as a consequence of the free market setting interest rates, long term market-based investment decisions being made without too much government interference, and an increase in technology and productivity due to the same, it would be wonderful for America.