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Originally Posted by mcsluggo
actual price defaltion is a good thing?
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It's not what the interventionists and Monetarists have told you, but yes it is. money supply is limited, productivity increases, more products enter the market, prices decrease.
Not to confuse with the deflation in central bank systems where prices go down because money has to leave the market, because there's already too much malinvestment in the market and nobody wants to borough anymore...