Deflation has been a point of debate among the various schools of economic thought for a very long time. One one hand, the Keynesians and Neo-Keynesians argue that deflation is a very negative economic phenomenon and constantly warn of a "deflationary death spiral," in which people will stop spending indefinitely-in constant anticipation of lower prices-and businesses will fail.
Deflation Part 1: The Deflationary Nature of Bitcoin Price
Wednesday, 7 October 2015
Deflation Part 1: The Deflationary Nature of Bitcoin Price
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