Re:High prices will outlast the war
by WalterBright on Tuesday March 15, 2022 @02:30AM
(#30682240)
If these other factors cause inflation, then they would cause deflation, too. Why does deflation not happen?
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Re:High prices will outlast the war
by AnthonyMouse on Tuesday March 15, 2022 @03:08AM
(#30682457)
a) It's easier to reduce supply on short notice than increase it. Nobody wants to sell below cost.
b) Deflation is bad but really easy to counteract. Print money and give it to people. Counteracting inflation is more expensive.
Re:High prices will outlast the war
by bloodyplonker22 on Tuesday March 15, 2022 @04:45AM
(#30682993)
Deflation is exactly what would have happened had the fed not stepped in with their money printing. It's just that they printed way too much and did it very inefficiently, with a lot going to scammers.