Post
Topic
Board Economics
Re: [CHART] Bitcoin Inflation vs. Time
by
deisik
on 06/11/2013, 15:54:19 UTC
Okay, that makes sense. Thanks for the simple explanation.

You're welcome. Don't forget to add some coins  Wink

I suspect that this pattern of production is on its way out anyway. The world is shifting to just-in-time manufacturing. Inventory is expensive to store and maintain. Automation and computerized supply chain management are now allowing goods to be produced as they are sold. Under this new model of production, deflation would not have a significant impact. (Hyperdeflation could still be bad, but Bitcoin probably will never experience hyperdeflation.)

That was not the only reason why deflation is bad