3 ms·
What if prices went down over time?
- h2odragon 5y agoForgoing the easy disagreements, like over "car companies don’t worry that car deflation will result in people not buying "... If deflationary prices were normal, it'd make whole classes of scams much more difficult or impossible. Where's the place for intermediates to financialize investments and so on? If we put all the "financial sector" out of their current jobs, can any of them really be re-trained to socially useful work?