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Do you know of any evidence against the deflationary trap off the top of your head? I don't disagree with your comment. I'd like to read a good article or pape
by loganfrederick 17y ago
Do you know of any evidence against the deflationary trap off the top of your head?
I don't disagree with your comment. I'd like to read a good article or paper explaining/disproving the deflationary trap.
- nazgulnarsil 17y agocontinual mild deflation during much of the 19th century in america for one.
- nostrademons 17y agoYeah, that and that we've had continual economic development over the last 500 years, while nations (and central banks) have come and gone.