Most of the disinformation around "we need inflation" and "deflation is bad" can be understood with one simple pair of facts:
- deflation is bad for debtors & good for savers
- debts represent net destruction of resources, savings represent net creation
So which do you want to reward, destroying or creating resources?
Deflation is bad for governments and good for savers. If only there was a good savings tool….
Please Login to reply.
No replies yet.
