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Huh, interesting point there. Do the rich benefit from a deflationary spiral? It seems like either they do or they might perceive themselves as benefiting in th
by ianai 6y ago
Huh, interesting point there. Do the rich benefit from a deflationary spiral? It seems like either they do or they might perceive themselves as benefiting in the short term. That’s pretty disastrous.
- iso1210 6y agoThe wealthy always benefit financially, high inflation, low inflation, high interest rates, low interest rates. If you own a 1% of world, and productivity of the world doubles, the productivity of what you own doubles.