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> The consensus among economists is that a deflationary currency is a terrible idea. How many currencies have failed due to deflation over the last <pick your
by wallacoloo 6y ago
> The consensus among economists is that a deflationary currency is a terrible idea.
How many currencies have failed due to deflation over the last <pick your time period> years?
Now how many currencies have failed due to inflation?
Look, economists know a thing or two that I don’t, I’m sure. But for all they claim to know, it sure does feel like they get things wrong on a pretty regular basis.