Free Republic
Browse · Search
News/Activism
Topics · Post Article

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.)
[ Post Reply | Private Reply | To 25 | View Replies ]


To: Toddsterpatriot
Because it hurts investment, reduces employment, increases loan defaults, reduces borrowing and shrinks business creation.

I don't know why I continue to waste the pixels.

The only deflation that does what you state is the deflation created by the Federal Reserve Bank when it raises interest rates above the artificially-low rate it had imposed previously.

Are you truly unable to see the difference between that and the price reductions caused by improvements in productivity? If so, why?

27 posted on 04/09/2014 3:45:56 PM PDT by BfloGuy ( Even the opponents of Socialism are dominated by socialist ideas.)
[ Post Reply | Private Reply | To 26 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson