The Reason We Can't Allow Deflation - Galt's Gulch

Remove this ad.

3

The Reason We Can't Allow Deflation

Posted by paulnathan2000 9 years, 6 months ago to Economics

2 comments | Share | Flag

Add Comment

All Comments Hide marked as read Mark all as read

Comment hidden by post owner or admin, or due to low comment or member score. View Comment
1

Posted by paulnathan2000 9 years, 6 months ago

You are correct Sir! I now promote you to tendollargold...With all due respect of course.

Reply | Mark as read | Best of... | Permalink

1

Posted by fivedollargold 9 years, 6 months ago

Realistically, the only way to eliminate the national debt is a combination of increased productivity, lower spending, and inflation. Deflation would spell disaster.

Reply | Mark as read | Best of... | Permalink

Comment hidden.