To: SaxxonWoods
Reasonable. But then, we don’t want deflation, so some inflation remaining is a good thing.
What's wrong with deflation?
19 posted on
03/09/2022 9:56:42 AM PST by
RushingWater
(Thank God for no more mean tweets, it's worth 20% inflation. )
To: RushingWater
“What’s wrong with deflation?”
Study Japan over the last 10 years to find out.
Deflation kills innovation, risk-taking, business startups, job growth and personal spending, leading to a very dull economy that grinds lower in velocity.
Socialists are good at achieving it.
22 posted on
03/09/2022 10:03:07 AM PST by
SaxxonWoods
(The only way to secure your own future is to create it yourself.)
To: RushingWater
Inflation is like eating.
In moderation it’s good. Overeat, bad.
Deflation is like slowly starving, nothing good about it.
24 posted on
03/09/2022 10:08:09 AM PST by
SaxxonWoods
(The only way to secure your own future is to create it yourself.)
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