Eli5: why can’t we just “deflate” money, and why is it bad? 321 viewsJanuary 3, 2024 Question90.84K May 2, 2022 0 Comments Eli5: why can’t we just “deflate” money, and why is it bad? In: 620 17 Answers ActiveNewestOldest Anonymous Posted May 2, 2022 0 Comments Wages and prices would go down but your outstanding debt would not. Millions of people would no longer be able to afford their mortgages on their lower wages. You are viewing 1 out of 17 answers, click here to view all answers. Register or Login
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