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>economics 101 I wouldnt use an entry level economics class to judge technology that eliminates risk of government hyperinflation and lowers/eliminates cost of
by mkirklions 8y ago
>economics 101
I wouldnt use an entry level economics class to judge technology that eliminates risk of government hyperinflation and lowers/eliminates cost of transactions.
The economic benefits of free/low cost transactions and money that can be saved/spent rather than invested may have its own benefits.
- jonknee 8y ago> I wouldnt use an entry level economics class to judge technology that eliminates risk of government hyperinflation and lowers/eliminates cost of transactions. I didn't, the question was "What makes you think deflation would be bad?". That is entry level economics and has nothing to do with technology.