Eli5: Why is deflation more difficult to fix than inflation?

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Eli5: Why is deflation more difficult to fix than inflation?

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11 Answers

Anonymous 0 Comments

In true Eli5, it is easer to get people to stop spending than it is to get them to start spending. Obviusly it is an oversimplification but substitute people for institutions and you get the basic pricnicpal.

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