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?

539 viewsEconomicsOther

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

7 Answers

Anonymous 0 Comments

An economy is a bunch of people doing favours for each other. Deflation is when people want to stop doing these favours. The end result is that nothing gets done.

You are viewing 1 out of 7 answers, click here to view all answers.