LOGICAL MINDS ONLY

Why Deflation Is Natural And Good


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Deflation is natural because it is a consequence of people becoming more skilled and able and also because technology is being adapted to the process of production. Inflation indicates something is going wrong and suggests the economy is structured badly allowing more wealth to be removed from the economy than the producers who make the goods and services, are producing. That is a sure sign the economy is open to parasites. That is a bad thing.

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LOGICAL MINDS ONLYBy Robert Burk