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by odd_perfect_num
1044 days ago
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As an extreme example, everyone knows about Germany hyperinflation in the 20s. Fewer people are aware that 1929-1932 was a period of massive deflation in Germany that led to the German economy collapsing, the Nazis siezing power, and 10 years later most of Europe being occupied by Fascists. So it's pretty reasonable to be concerned about deflation. |
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