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A deflationary situation where, to put it in one way, the value of money increases as time passes (as opposed to inflation where the value of money erodes over
by AnonC 6y ago
A deflationary situation where, to put it in one way, the value of money increases as time passes (as opposed to inflation where the value of money erodes over time). Central banks would then try to set negative interest rates so that any (digital) money one holds can be continuously reduced to incentivize spending rather than saving.