Yeah, for the rich. If you have assets you have to actually be responsible during deflation because selling them won't bail you out. Deflation isn't so bad if you work dollars to hours and your life savings in $10k in a savings account.
Yeah, for the rich. If you have assets you have to actually be responsible during deflation because selling them won't bail you out. Deflation isn't so bad if you work dollars to hours and your life savings in $10k in a savings account.
If you have a mortgage deflation can fuck you really easily.
If you have a mortgage deflation can fuck you really easily.
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