SLP153 Philipp Bagus - What Most People Get Wrong About Deflation
Stephan Livera Podcast
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What Does a Growth Decline Look Like?
In most places in the nineteenth century, there were long periods of price deflation. The american deflation from 18 65 to 96 was one of the,. one of the longest o prices, i think they fell more than 30 % continuously. It does not mean that the economy as a whole is getting a poorer or it's a problem for all. But for some it may be a problem. And especially one group that er losers in te price or deflation. Ae of course, the debt. This means that defation, price iflation, alwaysp redistribution. Right? I. am also keen to just discuss if you have any examples that you can share in terms of what does a growth deflation
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