The popular idea that prices should fall to previous lows gives most economists chills. Deflation is bad for everyone, they say.

  • Rocket@lemmy.ca
    link
    fedilink
    arrow-up
    1
    ·
    edit-2
    1 year ago

    The real truth of it is that deflation is good for PEOPLE.

    It is good for people as long as they don’t have debt. Debt gets scary in a deflationary environment.