|Money talks, and says no to deflation.|
As for us mere mortals, deflation means buying cheaper, although I haven't noticed any drop in prices as yet when I go shopping. Conversely, it's inflation that puts a lot of strain on families as prices and salaries don't rise at the same pace. Actually, the prices of the things I usually buy keep going up, so a fear of deflation seems a kind of propaganda aimed at stimulating consumption.
Besides, deflation would most likely make the blown-out-of-proportion prices get closer to value for money.
Or maybe it's just that the rich worry over the slightest decrease in their profits growth. Couldn't the leading economies just be kept going without either inflation or deflation (like they say it is in Switzerland)?
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