No. There's a reason Central banks/Keynes like low inflation cause it chugs the economy along. Deflation and hyperinflation are self-reinforcing problems, which require intervention. Not 100% sold, but one cant be sure. Crypto might be pretty bad. What I do know is it's coming
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Replying to @noobshakti @MalteBlom
dude “intervention” by who? hyperinflations never occured before fiat money.
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Replying to @MustStopMurad @MalteBlom
Central banks / governments (monetary and fiscal policy). Yeah, you can't have inflation without increasing money supply. But deflation isn't good either, sadly. And if you go for low inflation (like central banks) and overshoot, you'd get hyperinflation (like CBs again)
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Replying to @noobshakti @MalteBlom
That deflation is always bad is a myth. Capitalism and technology are fundamentally deflationary systems.
4:50 AM - 16 Apr 2018
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