Post
Topic
Board Economics
Re: Is deflation truly that bad for an economy?
by
D4C
on 05/03/2015, 16:30:42 UTC
It means people won't buy anything. Why buy something worth $ 200 today when you can get it tomorrow for $175. People don't buy, business go bankrupt and people lose their jobs. No jobs=no economy since there is no demand and now you have to inject a fortune to get it rolling again.