|
|
|
|
|
by nunb
4630 days ago
|
|
Why does deflation worry you? It's a good thing. I would like my healthcare to get cheaper and better over time just as my Android phone does. > Don't conflate "zero growth of the money supply" with "zero inflation". Inflation is always and everywhere a monetary phenomenon, according to Milton Friedman. |
|
You haven't actually studied modern economics if you don't understand why deflation is worrisome and why the monetary policy we have now exists to prevent deflation to achieve this stability: http://upload.wikimedia.org/wikipedia/commons/2/20/US_Histor....