38 ms·
> Most of the time, deflation is unambiguously a positive trend for the economy It depends on how deflation comes about. Technological innovation? Pretty good
by throw0101d 2y ago
> Most of the time, deflation is unambiguously a positive trend for the economy
It depends on how deflation comes about. Technological innovation? Pretty good as the 1991 Radio Shack ad illustrates:
* https://www.huffpost.com/entry/radio-shack-ad_b_4612973 https://www.huffpost.com/entry/radio-shack-ad_b_4612973
Through a collapse of economic activity and mass unemployment? Not so good.