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A comment on Thoughts on Bitcoin. Parent comment

Re:Thoughts on Bitcoin by sliverstorm on Sunday December 01, 2013 @07:45PM (#6830375)
Yup, that's basically the problem with deflation. It stagnates the economy, and it is self-reinforcing. Called a deflationary spiral.
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Re:Thoughts on Bitcoin by seanmcdirmid on Sunday December 01, 2013 @10:30PM (#6831352)
Deflation is the easiest way to turn a recession into a depression.
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