enragedchowder

I’m not even sure what you’re taking about it. But from the worker/anti capitalist perspective, deflation is even worse. The working class, who holds huge amounts of debt like student loans, ends up paying more as the value of money decreases. Imagine all of your student debts increasing in real value over time, on top of the already existing interest rate.

You don’t see how it’s a bad thing for people to have zero incentive to put money back into the economy? Everyone hoarding money and trying to spend as little as possible will surely have good results!