Why Falling Prices Are Actually a Really Bad Thing

Re:Why Falling Prices Are Actually a Really Bad Thing by Alex3917 on Thursday January 22, 2015 @09:34AM (#8929283)

> I would believe these types of pop-economics articles a lot more if they could actually find and example of a deflationary spiral causing a long term depression.

The obvious example would be bitcoin. No one ever spends their BTC, because of the fear that something that costs 1 BTC today will cost only 0.5 BTC tomorrow.

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Re:Why Falling Prices Are Actually a Really Bad Thing by marssaxman on Thursday January 22, 2015 @04:50PM (#8931980)

I don't care whether bitcoin goes up or down tomorrow; I only care whether it goes up or down between the time I buy the bitcoin and the time I send it to someone. That is: bitcoin is a medium of exchange, not a store of value.

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Re:Why Falling Prices Are Actually a Really Bad Thing by debacle on Thursday January 22, 2015 @10:04AM (#8929470)

That's an issue with volatility, not deflation.

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