The problem with deflation is that we are a nation of debtors. Deflation causes debt to become more expensive, thus raising defaults and all of the ripples that follow. edit: I should clarify that I don't completely…
The problem with deflation is that we are a nation of debtors. Deflation causes debt to become more expensive, thus raising defaults and all of the ripples that follow. edit: I should clarify that I don't completely…