3 ms·
If this happens on a large scale, will it cause deflation? It seems like it would reduce the money supply.
by oscilloscope 14y ago
If this happens on a large scale, will it cause deflation? It seems like it would reduce the money supply.
- akamel 14y agothe debt was already downgraded from say 14k to 500$ so the loss was already taken; in relative terms an extra 500$ loss is meaningless.