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/biz/ - Business & Finance

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17991267 No.17991267 [Reply] [Original]

Is there any actual downside to economic deflation besides the rich losing money?

>> No.17991296

The poor losing money

>> No.17991352

But the indian dude and the long haired dude arent beta ...

>> No.17991368

>>17991267
Not really. 2008 was great. Cheap gas

>> No.17991373

>>17991267
Everyone loses money, innovation slows down, economy comes to a halt, those in debt go into greater debt

>> No.17991374

>>17991267
You can guarantee someone will profit from this situation.

>> No.17991396

>>17991267
Deflation means everyone loses money. Less money in circulation means companies and government has to give less, forcing cuts and layoffs. The money you already have will likewise increase in value, but you will get less of it as time goes on. It only actively benefits people who already have a large cash reserve on hand. Inflation hurts in the short-term, but deflation is worse in the long-term.

>> No.17991420

>>17991374
I have been. Went all in on SDOW and UVXY in February.

>> No.17991430

>>17991296
The poor dont have money

>> No.17991433

Yes, but you wouldn't really grasp them without a bunch of charts, a passable understanding of calculus or at least some college level math, and a year or so of study.

>> No.17991462

>>17991296
kek the poor will lose negative money, their loans effectively shrinking.

>> No.17991466

>>17991267
>the rich losing money
WHERE IS BOBO WHEN I NEED HIM?

>> No.17991558

>>17991462
>Loans shrink because of deflation

>> No.17991574

On the contrary.
The rich persons money becomes more valuable during deflation, as opposed to mild inflation in which the rich person is atleast forced to invest back into the economy if they want their money to retain its value.

>> No.17991585

>>17991420
how much have you made?

>> No.17991625
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17991625

>>17991352
>martin starr
>not beta

>> No.17991657

>>17991373
>muh innovation
spotted the boomer

>> No.17991659
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17991659

What if the supply of money was attached to population? Increasing only if the population increases?

>> No.17991763

>>17991267
Unemployment is going to spike, there should be an influx of military interest, the public loses interest in the political party during a recession (even though this is unavoidable no matter who is in office), the Democrats will most likely take over after the second term, 2030-2035 another recession will hit. This shit is clockwork. Basically the banks shut their doors, small businesses fail, and the roller coaster ride lasts about 3-4 years. Whatever political party takes office in 2025 is going to look like a hero and take credit for the economy when in reality stimulus packages have always been the response to recessions

>> No.17991783

>>17991374
Definitely not gas companies lol. But they’ll come back hard in about 5 years

>> No.17991801

What happens if you have a a mortgage and 1 year of savings?
How long will deflation last?

>> No.17991816

>>17991267
Thread is full of braindead Americans. Read something from Austrian economic school to learn the truth.