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A scrooge is someone who is reluctant to spend money. There's nothing emotional about it. I also happens to disagree with the idea of deflation being necessari
by kiba 14y ago
A scrooge is someone who is reluctant to spend money. There's nothing emotional about it.
I also happens to disagree with the idea of deflation being necessarily bad for society or actually discouraging spending and investment. I contend it that it only shift the timeframe longer into the future, and saving enabling people to buy higher quality lasting goods.
With inflation, it encourages short term thinking and shorter term investment.