Post
Topic
Board Economics
Re: Is a deflationary monetary system key for the environment?
by
davis196
on 14/11/2017, 07:14:18 UTC
If a currency is adopted by all merchants and there is deflation,the people will be motivated to spend more because all the price of goods and services will go down due to the deflation.The deflation doesn`t incentivise
saving money.Cryptocurrencies and bitcoin are completely different than fiat money.They aren`t accepted by all merchants and that`s why they are just digital "stocks" not currencies.