What is wrong with price decline?
Answer, absolutely nothing wrong. It make money worth more and living standard rise. And there will not be boom and bust cycle like today that eat away savings like no tomorrow.
If printing money can bring prosperity, then every country can do it. Zimbarbewei did the best.
~:~
What is wrong with 限制了货币供应量?
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If everything will be cheaper tomorrow, people
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03/03/2009 postreply
18:21:18
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Exactly that is the point. Deflation makes people save.
-daysofreckoning-
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03/03/2009 postreply
18:32:49
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There were about one crisis every seven years
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03/03/2009 postreply
18:52:33
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I wonder where you get the facts. ~:~
-daysofreckoning-
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03/03/2009 postreply
21:08:05
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The first facts are from wiki, gold standard is no cure for
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03/04/2009 postreply
07:18:39
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Got to read in detail. Gold standard does not cure
-daysofreckoning-
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03/04/2009 postreply
10:07:35
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By the way, not all speculations are bad, it can speed up
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03/04/2009 postreply
10:26:41
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By the way, Deflation Spiral is the word Wall Street used
-daysofreckoning-
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03/03/2009 postreply
18:54:08