3 ms·
I guess this would become circular because I'm not well enough informed. Because if the dollar value goes up, the startup costs are less. The argument to wait f
by sosuke 12y ago
I guess this would become circular because I'm not well enough informed. Because if the dollar value goes up, the startup costs are less. The argument to wait for the money value to increase applies to the entrepreneur in this case too.
I don't agree that people will go without clean clothes, or food storage today to save a dollar tomorrow. I've thought about cars as well, car costs don't go up year over year, you get more for less value theoretically, why would the price go down?
The view that deflation is bad seems to always henge on a dramatic fall in prices and increase in the dollar value. Inflation doesn't work that way, it is very slow year to year, why would deflation be different?