Re:Fidelity launches trade execution and custody for cryptoc...
by sparkie on Monday October 29, 2018 @12:31AM
(#18325073)
Deflationary "problems" are largely strawmen. We've never had such deflationary money systems to know how it plays out long term.
In the end, people still need to eat and drink, and they're going to pay to meet those needs no matter how much it costs them.
Most of the complaints about deflation are from the Keynesian economists, who for them, it is a major problem. How are they going to pay back all that interest they keep accumulating if people aren't continuously spending?
In the end, people still need to eat and drink, and they're going to pay to meet those needs no matter how much it costs them.
Most of the complaints about deflation are from the Keynesian economists, who for them, it is a major problem. How are they going to pay back all that interest they keep accumulating if people aren't continuously spending?