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TopicLower Taxes Are Good - Even If the Deficit Rises [dwmf]
SmartMuffin
12/13/17 3:22:13 PM
#53:


banananor posted...
you still haven't explained how economies work under deflation

why would i ever buy anything with gold when the gold will be worth more tomorrow than it is worth today?


Because if you didn't buy food you would die.

There was massive deflation in the late 19th and early 20th centuries. This also coincided with huge amounts of economic growth and dramatic increases in the average person's standard of living.

You're just completely and totally wrong about everything, that's all.
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