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primrose
3094 days ago
> Why buy a truck for 1oz of gold today when I could buy two for the same amount next year?
Because someone needs a truck now. Deflation makes people more fiscally responsible, not less.
2 comments
Clubber
3094 days ago
Right, but in economies, that's a bad thing. (less spending, less demand, fewer jobs, repeat, downward spiral, economic collapse).
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noncoml
3094 days ago
You are both saying the same thing. You only buy a truck today if you absolutely need it.
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