lwu38462
@lwu38462
So what I really think deflation does is provide an incentive to critically think before going off and speculating, "investing", or wasting money on frivolous things -- because money will be worth more if it isn't trying to be spent as quickly as possible (mindset of the current wealthy elite in society). I think it truly helps those without the ability to invest (the less wealthy), as their wealth is not unknowingly being eroded as time goes on.
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