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Old 01-08-2014, 05:43 PM
 
Location: Portland, Oregon
46,001 posts, read 35,161,783 times
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Quote:
Originally Posted by greywar View Post
Mircea, If you need to understand why inflation is good you really dont understand economics well.

heres a quick tutorial that a quick scan of looks right:
Why Deflation Is Bad And Inflation Is Good: Monetary Policy 101 - Seeking Alpha
Using a conservative talking point, Detroit is an example of deflation and why deflation is bad. You can buy an entire neighborhood for $20K, but why would you want to.
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Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

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