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How is an entity encouraged to take on entrepreneurial risk in a deflationary environment? If you have a lot of capital, it literally gains value by just sitti
by randomopining 5y ago
How is an entity encouraged to take on entrepreneurial risk in a deflationary environment?
If you have a lot of capital, it literally gains value by just sitting there.
Less incentive to use it.
Only people who benefit are those that have a lot to begin with (obtain more value by doing nothing).