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Home » Discuss » Topic Forums » Economy Donate to DU
Tiberius Donating Member (798 posts) Send PM | Profile | Ignore Tue Mar-09-04 01:21 PM
Response to Original message
2. not really
Since prices for everything will fall, it becomes a spiral as consumers realize that if they just wait, they can obtain goods cheaper.

Also, since wages would decrease, people would have to pay off their past debts at new, lower incomes. That would be terrible since we're carrying so much debt.
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  -Is a deflationary economy a good thing? Bleachers7  Mar-09-04 01:15 PM   #0 
  - It's good for some people  Gimel   Mar-09-04 01:21 PM   #1 
  - It's bad for countries with large debts, like the US  jeter   Mar-10-04 03:19 PM   #14 
  - not really  Tiberius   Mar-09-04 01:21 PM   #2 
  - Wages for blue and white collar are the only deflated area  DanSpillane   Mar-09-04 05:15 PM   #8 
  - If You Need a Job -- NO  ribofunk   Mar-09-04 01:22 PM   #3 
  - What Deflation?  Ready4Change   Mar-09-04 01:24 PM   #4 
  - No No No!  troublemaker   Mar-09-04 01:32 PM   #5 
  - Ding  orwell   Mar-09-04 02:15 PM   #6 
  - It's a wonderfull thing... with a right set of values  aneerkoinos   Mar-09-04 03:45 PM   #7 
  - scattershot notes on deflation  rapier   Mar-09-04 05:26 PM   #9 
  - "Indeflation". UIA posted a link to I think it was the Daily Reckoning  54anickel   Mar-09-04 06:36 PM   #10 
  - no because it becomes stupid to invest in homes, education, etc.  amazona   Mar-09-04 07:13 PM   #11 
  - No. 'Deflation' Is A Word That Most Economists Will Not Let . .  loindelrio   Mar-09-04 09:51 PM   #12 
  - Nope...definitely not a good thing...  kalian   Mar-09-04 10:40 PM   #13 

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