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A comment on Former President Trump is projected to win the presidency. Parent comment

Re:Former President Trump is projected to win the presidency by pyrale on Wednesday November 06, 2024 @11:46AM (#42065048)
A working economy means professional activity to make goods and services. Deflation actively kills that by incentivizing people to defer or cancel their purchases in favor of savings. So economic activity collapses.

There is no such thing as a durable deflationary market if it’s not justified by productivity gains and volume - and there is definitely no such thing as a durable deflationary economy.

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Re:Former President Trump is projected to win the presidency by Detrytus on Wednesday November 06, 2024 @12:07PM (#42065420)
The US was "a durable deflationary economy" for pretty much the whole 19th century, and first decade of 20th century. Things started to change once FED was created and given power over money supply.
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Re:Former President Trump is projected to win the presidency by dead_gunslinger on Wednesday November 06, 2024 @12:40PM (#42066011)
"Trust us, the ONLY solution to our disastrous intervention is MORE intervention!!"
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Re:Former President Trump is projected to win the presidency by pyrale on Wednesday November 06, 2024 @05:04PM (#42070191)
> for pretty much the whole 19th century

Not sure what you're refering to, the 1873 panic wasn't exactly the finest hour for US economy. I guess that's not what you want to get back to.

As for the rest of the 19th century, the data we have is mostly consumer price indexes, but I can't recollect another durable deflationary period in the century.

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