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Efficiency that comes from increased technology and automation is strongly deflationary. COVID related stresses have only pulled forward investment in tech and
by kgin 5y ago
Efficiency that comes from increased technology and automation is strongly deflationary. COVID related stresses have only pulled forward investment in tech and automation. There’s a strong case to be made that the concern in a few years will be too little inflation.
- mechanical_bear 5y agoDeflation is easier to address. The economic levers to ease deflation are longer.