4 ms·
Can you explain the fear of deflation? I don't understand the reticence of central banks. Why not have a shot of deflation?
by internaut 10y ago
Can you explain the fear of deflation? I don't understand the reticence of central banks.
Why not have a shot of deflation?
- pixl97 10y agoEveryone with debt now has more debt (even though the number is the same). We are at the highest debt levels ever.
- forgetsusername 10y ago>We are at the highest debt levels ever We also have the highest population levels ever, the most assets ever, and the most wealth ever. Debt to GDP has fallen, drastically: https://fred.stlouisfed.org/series/HDTGPDUSQ163N https://fred.stlouisfed.org/series/HDTGPDUSQ163N
- internaut 10y agoI understand that people with debt don't want to pay more. But they took a risk taking on that debt and perhaps they should go bankrupt. Seems like I've triggered a nerve!