Comment on Where Is Germany's Gold?parentComments−throwaway9044611yAgreed that deflation is terrible. I hate paying lower prices for goods and services. Thankfully we have central banks to fight the scourge of lower prices.−throwaway34411yI, on the other hand, love lower wages, higher real debts, and problems with planning.−ArkyBeagle11yDeflation is terrible. We can largely blame deflation for WWII.
Comments
Agreed that deflation is terrible. I hate paying lower prices for goods and services. Thankfully we have central banks to fight the scourge of lower prices.
I, on the other hand, love lower wages, higher real debts, and problems with planning.
Deflation is terrible. We can largely blame deflation for WWII.