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Deflation doesn't necessary favor the rich, there are a lot of other factors here. Deflation means that the price of goods is falling. That also applies to wage
by raxxorrax 5y ago
Deflation doesn't necessary favor the rich, there are a lot of other factors here. Deflation means that the price of goods is falling. That also applies to wages, but since those don't rise with inflation, deflation would be better.