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Deflation hurts those who are poor far more than those who are rich. It’s morally wrong to reward the wealthy for doing as little as possible. But if your goal
by SubjectToChange 3y ago
Deflation hurts those who are poor far more than those who are rich. It’s morally wrong to reward the wealthy for doing as little as possible.
But if your goal is just to blow up the economy, then sure, a deflationary spiral is a potent poison.