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A comment on America’s Dazzling Tech Boom Has a Downside: Not Enough Jobs. Parent comment

Re:America’s Dazzling Tech Boom Has a Downside: Not Enough Jobs by internaut on Thursday October 13, 2016 @05:02AM (#12699396)
Can you explain the fear of deflation? I don't understand the reticence of central banks.

Why not have a shot of deflation?

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Re:America’s Dazzling Tech Boom Has a Downside: Not Enough Jobs by pixl97 on Thursday October 13, 2016 @09:06AM (#12700467)
Everyone with debt now has more debt (even though the number is the same). We are at the highest debt levels ever.
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Re:America’s Dazzling Tech Boom Has a Downside: Not Enough Jobs by forgetsusername on Thursday October 13, 2016 @10:10AM (#12700858)
>We are at the highest debt levels ever

We also have the highest population levels ever, the most assets ever, and the most wealth ever.

Debt to GDP has fallen, drastically:

https://fred.stlouisfed.org/series/HDTGPDUSQ163N

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Re:America’s Dazzling Tech Boom Has a Downside: Not Enough Jobs by internaut on Thursday October 13, 2016 @01:56PM (#12702683)
I understand that people with debt don't want to pay more.

But they took a risk taking on that debt and perhaps they should go bankrupt.

Seems like I've triggered a nerve!

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