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by AtlasBarfed
2163 days ago
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The only time I hear about deflation is where asset values (like the housing crisis) mass drop. In that case a lot of people are losing a lot of money, so they stop buying as many things. I never hear about produced goods deflation that is a price drop like from mass efficiency gain where the existing money/assets start being able to buy more things. That should produce more demand, wouldn't it? |
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