Deflation worries? Don't worry about it!
Why Deflation Never Had a Chance By Toby Connor Sep 08, 2010 9:10 am
What the deflationists fail to acknowledge is that in a purely fiat monetary system, deflation is a choice, not an inevitability. To put it in simple terms, if a government is willing to sacrifice its currency, there's absolutely no way deflation can take hold in a modern monetary system.
Original Post: rdunne.com
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