Post
Topic
Board Economics
Re: Is deflation truly that bad for an economy?
by
Wekkel
on 04/03/2015, 23:05:24 UTC
...
I would really like people to finally put the non-argument...

Whelp, calling an argument you can't counter "non-argument" seems like a good start.


Would you seriously argue that someone will not purchase a car because he expects it to be 2% cheaper next year?
And what about the next year: again no purchase due to the same reason?

Asking the question is answering it. It's really a non-argument.

Would I put off buying a fleet of new cars for my company if cars depreciated more substantially?  The answer is "obviously yes."

So you would never ever buy new cars for your company (and why did you purchase cars at all: remember, the fallacy argument is that such purchase is (forever) postponed).