Quote:
Originally Posted by CoachKandSportsguy
Only deflation, negative price changes, will result in price levels going down.
There are many, many economic reasons why deflation is avoided at all costs.
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Not everyone agrees that deflation is bad.
Can Deflation Ever Be Good?
I think we all agree that 10% inflation is worse than 4% inflation. But if you have 10% inflation one year and 4% inflation the next year, prices are up a little over 14% in that two year period. Prices aren't going up as fast - but they are still going up.