Japan’s economy has been experiencing a deflation and there has even been 0% interest (sometimes in the negatives, why is this a bad thing?
In: Economics
ITT: People think it’s a bad idea to encourage savings and Keynesian economic propaganda.
I believe deflation can be a good thing. Research Austrian economics. It was the first economic theory that actually made sense to me. https://mises.org/begin
If inflation was a constant 2% and never changed, I’d be okay with it. But when you have an unelected group trying to micromanage a complex economy with rate hikes and drops, you get the broken system we all live in today.
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