Deflation is the general decline of prices for goods and services. It can be caused by many things, including interest rates being set too high, central banks not printing enough currency, supply shortages, or people hoarding currency because of mass psychology. That doesn’t change what deflation is, a decline In the cost of goods and services. You are confusing the definition of deflation with the concept that certain goods and services might become more expensive than others.
Wrong. Deflation is the general decline of prices for goods and services. It can be caused by many things, including interest rates being set too high, central banks not printing enough currency, supply shortages, or people hoarding currency because of mass psychology. That doesn’t change what deflation is, a decline In the cost of goods and services. You are confusing the definition of deflation with things that cause deflation.
Wrong. Deflation is the general decline of prices for goods and services. It can be caused by many things, including interest rates being set too high, central banks not printing enough currency, supply shortages, or people hoarding currency because of mass psychology. That doesn’t change what deflation is, a decline In the cost of goods and services. You are making shit up and conflating the definition of deflation with other things.
Wrong. Deflation is the general decline of prices for goods and services. It can be caused by many things, including interest rates being set too high, central banks not printing from enough currency, supply shortages, or people hoarding currency because of mass psychology. That doesn’t change what deflation is, a decline In the cost of goods and services. You are making shit up and conflating the definition of deflation with other things.
Wrong. Deflation is the general decline of prices for goods and services. It can be caused by many things, including interest rates being set too high, central banks not profiting from enough currency, supply shortages, or people hoarding currency because of mass psychology. That doesn’t change what deflation is, a decline In the cost of goods and services. You are making shit up and conflating the definition of deflation with other things.
Wrong. Deflation is the general decline of prices for goods and services. It can be caused by many things, including interest rates being set too high, supply shortages, or people hoarding currency because of mass psychology. That doesn’t change what deflation is, a decline In the cost of goods and services. You are making shit up and conflating the definition of deflation with other things.