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what do you guys think of deflation?
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<p>[QUOTE="SilverSurfer, post: 942200, member: 21603"]Just my opinion but there isn't anything wrong with deflation. I can buy more with the dollar bills that I saved. If you ran up a debt and find that deflation makes the bill harder to pay, ask, "why am I in debt in the first place?"</p><p><br /></p><p>Deflation means prices are cheaper. Cheaper food, cheaper gas, cheaper rents. What's wrong with that? Of course, the reason for the deflation is because you can't keep charging prices as if the economy is healthy and everyone is working, when that isn't the case. We don't have to have deflation, we could opt for inflation by printing more money, which we have been doing, but banks aren't lending it out. Since banks now have all this extra free cash in the form of taxpayers dollars, maybe deflation is exactly what they want, so their dollars they just got for free will be worth even more.[/QUOTE]</p><p><br /></p>
[QUOTE="SilverSurfer, post: 942200, member: 21603"]Just my opinion but there isn't anything wrong with deflation. I can buy more with the dollar bills that I saved. If you ran up a debt and find that deflation makes the bill harder to pay, ask, "why am I in debt in the first place?" Deflation means prices are cheaper. Cheaper food, cheaper gas, cheaper rents. What's wrong with that? Of course, the reason for the deflation is because you can't keep charging prices as if the economy is healthy and everyone is working, when that isn't the case. We don't have to have deflation, we could opt for inflation by printing more money, which we have been doing, but banks aren't lending it out. Since banks now have all this extra free cash in the form of taxpayers dollars, maybe deflation is exactly what they want, so their dollars they just got for free will be worth even more.[/QUOTE]
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