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re: I no longer agree with mainstream economists that deflation is bad

Posted on 8/8/26 at 10:55 am to
Posted by theunknownknight
Baton Rouge
Member since Sep 2005
61233 posts
Posted on 8/8/26 at 10:55 am to
Deflation is bad because human nature is corrupt

The victims of economic changes are always going to be the lowest of society first followed by the middle class

The rich will stay rich or get richer
Posted by Prodigal Son
Member since May 2023
1924 posts
Posted on 8/8/26 at 11:02 am to
Policies are a problem, but they’re not the problem. People are the problem. Greedy, selfish, unscrupulous people.
Posted by Gaspergou202
Metairie, LA
Member since Jun 2016
14450 posts
Posted on 8/8/26 at 12:23 pm to
I’d like to disagree with you because you’re wrong the vast majority of the time.

But, I’m not informed on deflationary effects upon the economy.

I do know I hate the inflationary effects upon the economy.

I sure would love to try 0% inflation!
Posted by cadillacattack
the ATL
Member since May 2020
11241 posts
Posted on 8/8/26 at 12:26 pm to

quote:

I have a degree in Econ from UC Irvine


my condolences….
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