> I've always heard that deflation is awful and must be avoided.
That doesn't mean anything. People talk about god/gods all the time, it doesn't mean they are real or exist.
Inflation/Deflation are meaningless without linking them to the system in question. Growth also, in my opinion, has little to do with inflation/deflation and more about the positive inflow of energy into the economy.
That doesn't mean anything. People talk about god/gods all the time, it doesn't mean they are real or exist.
Inflation/Deflation are meaningless without linking them to the system in question. Growth also, in my opinion, has little to do with inflation/deflation and more about the positive inflow of energy into the economy.