• ButtigiegMineralMap
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      1 year ago

      This is what I’m very confused about. I read before that deflation is a sign of a slowdown/recession in the economy but like also having your current worth more/prices going down sounds objectively good to me? Is there any good Devil’s advocate position that can put forth any negatives for deflation because China certainly doesn’t seem like a slowing economy to me.

      • 小莱卡
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        1 year ago

        One devil advocates would be that debt increases in value. Since Americans are perpetually in debt, that would be bad.