Post
Topic
Board Economics
Re: Pros/cons of deflation?
by
348Judah
on 18/08/2022, 18:08:00 UTC
I do not believe that either inflation nor deflation are bad if they are predictable and within a small percentage. It is the rapid inflation and deflation or unpredictability that causes massive failures.

i aggre with this, basically we could see alot of factors contributing to the rate at which inflation and deflation occur but the most considering fact here is when the range or time limit to either inflation or deflation exceed the minimum capacity, then it becomes difficult to bear and the side most affected win the race to being noticed in an economy as rise or fall in price.

if deflation causes collapse of the system, there is no reason to hold onto the coin that causes that deflation

more thanks to the advance technology in cryptocurrency, where things were meant to be running well in dealing with bitcoin in the economy, whereby everyone has control over his assets and decide on what to do in other to make income over it instead of deflating in value and price over time.

inflation is worse than deflation because it allows an artificial group to remain at the top

this is one of the most annoying things about inflation, ones it occur on a high scale, it's difficult to come down as before.