4 ms·
> No, deflation is bad, period, for the economic actors who depend on deflationary currencies, USD (or GBP or AUD etc) are deflationary relative to technologic
by phaemon 13y ago
> No, deflation is bad, period, for the economic actors who depend on deflationary currencies,
USD (or GBP or AUD etc) are deflationary relative to technological items, such as computers. By your theory, no-one should buy such items. In reality, they do.
I think this shows your theory is wrong.