Why is deflation MUCH WORSE for the economy than inflation?

Because of the fucked-up fact that the economy is built on debt. And, as nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe, author of The Price of Tomorrow, points out, "No government will allow deflation because their debt will collapse."

You and your loved ones are permanently stuck between government propping up inflation on one hand and fending off debt collapse on the other.

Getting *outside of the system* by using #Bitcoin, as Jeff points out, is the only solution.

Reply to this note

Please Login to reply.

Discussion

No replies yet.