Post
Topic
Board Economics
Re: "Prepare for defation in 2023"
by
Sayeds56
on 07/02/2023, 14:18:55 UTC

Prepare to experience a big surge for Bitcoin like it was 2015 - 2017 Cool

Deflation is always worse than inflation. Deflation means sustained decrease in prices of goods and services, can have several many negative consequences on economy such as , decreased spending, reduced investment in new projects and hiring. This ultimately results in increase in unemployment which is not only bad for economy but also impacts vote bank of ruling party.

I don't think FED will allow deflation in USA, they will start printing money as soon as they detects some signs of deflation.