The Reason We Can't Allow Deflation - Galt's Gulch

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The Reason We Can't Allow Deflation

Posted by paulnathan2000 11 years ago to Economics

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Posted by paulnathan2000 11 years ago

You are correct Sir! I now promote you to tendollargold...With all due respect of course.

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Posted by fivedollargold 11 years ago

Realistically, the only way to eliminate the national debt is a combination of increased productivity, lower spending, and inflation. Deflation would spell disaster.

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