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To: BfloGuy
The only "just right" supply of money is that which the free market determines is "just right".

If the free market supplies the "just right" amount now and in the future supplies less, deflation can result.

Why does that make deflation a good thing?

24 posted on 04/06/2014 5:08:00 PM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Toddsterpatriot
If the free market supplies the "just right" amount now and in the future supplies less, deflation can result.

Why does that make deflation a good thing?

Because deflation is an increase in the purchasing power of the currency. It isn't any more complex than that. Why do you continue to reject that a dollar growing in value is a bad thing?

I suspect it's because the only deflation you've witnessed in your lifetime is the wrenching kind caused by government price-fixing of the interest rate. A free market wouldn't see that.

25 posted on 04/08/2014 3:45:43 PM PDT by BfloGuy ( Even the opponents of Socialism are dominated by socialist ideas.)
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