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by apta
2499 days ago
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> The central bank is 100% confident that they are on the brink of deflationary spiral; much like Greece or Japan. Is this a good thing for people who hold cash assets? Meaning, would you be able to buy say a $40,000 car for $20,000 in case this happens? |
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The problem is that when people do that, it means people arent spending money resulting in more deflation.