21seasons on Nostr: Economist have been 180° wrong for over 100 years. This time they say you're wrong. ...
Economist have been 180° wrong for over 100 years. This time they say you're wrong.
#inflation #deflation #economics
#inflation #deflation #economics
quoting nevent1q…h9n3Economists say you’re wrong for wanting prices to start falling—and they point to the Great Depression of the 1930s
“Most Americans are not just looking for disinflation," the Fed's Lisa Cook said last year. “They’re looking for deflation."
https://fortune.com/2024/03/30/inflation-why-deflation-is-bad-what-difference-with-disinflation/