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Economists say you’re wrong for wanting prices to start falling—and they point to the Great Depression of the 1930s 🤡 (fortune.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] HobbitFoot 14 points 1 year ago

Wishing for deflation in a vacuum means reducing demand, which typically a sign of depression in the economy.

If you want to decrease prices without collapsing the economy, you are going to need significant government intervention. Fortune doesn't want to tout that as an option since their readers would likely be affected by higher taxes due to this.

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