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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (473810)4/21/2009 3:16:30 PM
From: HPilot1 Recommendation  Read Replies (2) of 1575400
 
You say some crazy things but that one is about the craziest. Do you even understand what deflation is? When an asset goes down in value day after day, businesses will pretty much refuse to do business.

Not if their goods and supplies are also less expensive. Those who are out of jobs or suffer pay cuts can better afford goods. Deflation is how the market adjusts for depression. Preventing it by printing more money only puts us in debt and causes an even larger depression down the road.
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