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Deflation | #287

Deflation | #287

Released Monday, 29th April 2024
Good episode? Give it some love!
Deflation | #287

Deflation | #287

Deflation | #287

Deflation | #287

Monday, 29th April 2024
Good episode? Give it some love!
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Who's Afraid of Deflation?Everyone hates inflation - where our money is worth less and less over time.  However, many economists prefer a limited amount of inflation to a phenomenon that they find even scarier: deflation.   What is deflation, where does it come from, and why are policymakers so afraid of it?  Peter, Russ and Justin explain the orthodox view that deflation is dangerous, and then they explain why this fear may not in fact be entirely warranted.

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