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In a recession, there's sometimes a bit of deflation, or at least much-slowed inflation, so you have some more leeway to just start pumping money into the econo
by pkulak 17y ago
In a recession, there's sometimes a bit of deflation, or at least much-slowed inflation, so you have some more leeway to just start pumping money into the economy (by actually printing money, or by lowering interest rates).
- biohacker42 17y agoRight, but deflation rewards the savers. By creating inflation in essence you are putting a gun to the heads of savers and saying spend now or lose value.
- anamax 17y agoPutting guns to people's heads is what govts do.