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by logicchains
693 days ago
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And you're comparing annualised inflation to the deflation over a decade, which is equally embarrassing. Regardless, all other things being equal anyone who has their own financial interests at heart would rather hold a currency that experienced 20,000% deflation since its creation than one that lost 99% of its value to inflation since its creation. Because the best predictor of future performance is past performance. |
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Then top it off by claiming someone would want a currency that deflates 20,000%?