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Deflation: Who’s Afraid of Falling Prices?
mises.org/power-market/deflation-whos-afraid-falling-prices
In today’s inflationary environment, people have become so accustomed to rising prices that it has clouded their economic thinking. Concepts like profit, wealth, and economic growth have more or less become synonymous with credit expansion.
However, printing money plays no role in…
This story appeared on mises.org, 2025-05-22 07:02:29.