How is this a response to me? I just pointed out that deflation generally goes along with terrible circumstances.
> deflation is bad unless you already have a lot of money.
Deflation is bad even when you do already have a lot of money, for the reasons you describe. This is a good place for the argument "a rising tide lifts all boats".
> deflation is bad unless you already have a lot of money.
Deflation is bad even when you do already have a lot of money, for the reasons you describe. This is a good place for the argument "a rising tide lifts all boats".