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"If it deflated spending would drop" That statements not a given. If it were so, people would not use credit cards.
by 0x445442 9y ago
"If it deflated spending would drop"
That statements not a given. If it were so, people would not use credit cards.
- rblatz 9y agoThat’s interesting, I’ve never thought about credit cards as a sort of deflationary virtual currency.