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To: Road Walker who wrote (39327)11/7/1997 10:42:00 AM
From: John Chen  Read Replies (5) | Respond to of 186894
 
John Fowler, since AG fight inflation, so deflation is good.

Now everything will be cheaper.

Companies buy stuff cheaper so they will make more profit.

Individuals buy stuff cheaper, so they can buy more and they don't
need pay raise from the company, then the companies make ever more
money.

House is cheaper, so individual have money to spare to buy even
more stuff and the companies make ever more money.

Healthcare cause is cheaper, so companies still make more money.

Since the 'cost side of the equation' is cheaper, so deflation is
good for everyone in the long term.