All prices are relative. So when the price of one thing goes down, that is exactly the same as the prices of everything else going up. So every market "crash" of some assets is a "boom" of other assets.
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Booms and busts of prices are not booms and busts of supplies. Deflation doesn't directly affect food supplies. Only through much-debated & likely irrational indirect channels.
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What do you mean?
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I tried boiling some nickels, they didn't soften up at all. Dollar bills are more palatable with ketchup but don't provide many calories.
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??? Doesn't that just mean that everything of actual value can be had for less money than before?
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There are OTHER reasons why unmet liquidity preference can have nasty consequences, but "because you can't eat money" just doesn't seem like an explanation of any of them.
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Conversely then, it's good when the boom is in everything else (inflation), because you can eat everything else?
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