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<p>[QUOTE=&quot;Cloudsweeper99, post: 947938, member: 3011&quot;]I usually get myself in a lot of trouble responding to this stuff, but here goes nuthin&#039;...</p><p><br /></p><p>I don&#039;t agree that deflation is worse than inflation, or inflation worse than deflation.&nbsp; Either way, people experience a destruction of purchasing power.&nbsp; Deflation destroys it through default and lack of money.&nbsp; Inflation destroys it through the destruction of purchasing power and loss of real value.&nbsp; The hoarding of necessities before prices rise isn&#039;t &quot;economic growth.&quot;&nbsp; It&#039;s a race to survive, just like deflation.&nbsp; I find it very dangerous when experts in economics believe that one &quot;flation&quot; is better than the other &quot;flation.&quot;&nbsp; Either way, the average person will lose their life savings and struggle to survive.&nbsp; Of course, it is all a matter of degree.&nbsp; The inflation of the 70s was &quot;better&quot; than the deflation of the 30s, and the deflation in Japan is better than the inflation in Germany in the 20s.&nbsp; It&#039;s all a matter of degree, not kind.[/QUOTE]</p><p><br /></p>

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