As a business owner right now, I am worried about both inflation and deflation.
Arguments can be made for both.
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I'm more worried about inflation than deflation. I personally don't see a deflation; unless the U.S. Digital Dollar makes cash obsolete. The downsize of taking new clientele will be challenging to store fronts, because of social-distancing; which can ignite inflation.
Some reasons to believe we'll have deflation: - people out of work => no demand - cheap oil - excess inventory needing to be cleared - some % of population going kaput
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Maybe there's a possibility for both. Corporations swallow majority small businesses and provide the same services at lower cost. While small businesses that survived the consumption have to inflate in order to provide a unique experience from basic commercialism.
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Totally. Could have deflation then inflation, but like you, in the long-run hard to see this not ending up with massive inflation.
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