4 ms·
It's not like it never happened before. Just read up on the great depression and you'll get an idea.
by luckydata 8y ago
It's not like it never happened before. Just read up on the great depression and you'll get an idea.
- ucaetano 8y agoDeflation and deflationary episodes aren't the same as a deflationary currency.
- luckydata 8y agoread up on the gold standard then.
- ucaetano 8y agoSight...seriously? Gold wasn't a deflationary currency, not only that, the supply of gold increases over time, and some times suddenly such as when the Spanish empire started extracting gold and silver from the new world resulting in the Spanish Price Revolution. Seriously, please go take some economics classes...