Post
Topic
Board Economics
Re: Is deflation truly that bad for an economy?
by
GreenStox
on 29/03/2015, 22:31:44 UTC

Yes yes yes! Dont know why nobody gets this.  Most business depend on credit in some fashion.  So a even a steady deflation rate will discourage borrowing which in turn discourage activity.

Deflation is bad for everybody.  Inlflation advantages those with capital but tolerable for most.  Inflation harms those without access to credit

It doesnt matter if things are cheaper in the long run.  What matters is the economic machine keeps running

The same keynesian propaganda nonsese here.

Deflation as i already said will help people have more purchasing power. Giving credit to people is just fixing the problem that was created by it in thefirst place.

While inflation robs people you just give more credit back to them as they were robbed. This whole credit based economy will collapse soon.