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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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To: BfloGuy
Because deflation is an increase in the purchasing power of the currency.

And?

Why do you continue to reject that a dollar growing in value is a bad thing?

I don't reject the idea that deflation is a bad thing. Because it hurts investment, reduces employment, increases loan defaults, reduces borrowing and shrinks business creation.

26 posted on 04/08/2014 6:25:22 PM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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