Inflation-Deflation Discussion: Why Deflation Is Much Worse

taskmaster4450 in LeoFinance • last year

In the US and Europe, for the most part, we havent seen mass deflation since the Great Depression. With so few people alive when it last hit, it is easy to ignore the impact.

For this reason, we have to look at some of the general tendencies of both. Why is deflation so horrible?

In this video I discuss the self reinforcing, instead of self correcting, nature of deflation. This means that, once it starts, it is impossible to stop. The result can last decades as evidenced by Japan.

▶️ 3Speak

#leoglossary #inflation #deflation #depression #greatdepression #archon #mancave #neoxian

last year in LeoFinance by taskmaster4450

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preparedwombat last year

For many Americans, “The Great Depression” means 1929. But the economy didn’t bottom out until four years later in 1933. And then crabwalked sideways for almost another decade. Not until WW2 did it start to really recover.

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outwars last year

I didn't know Japan was in deflation. This explanation helped me understand why it is horrible. I just did a google search and it seems that Japan might declare an end to their deflation soon, although it took a long time.

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revolverocelotyt last year

Some how I never knew that inflation is better than deflation.

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ai-summaries (1) last year

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