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Why Deflation Deserves a Chance
Technology is the ultimate deflation machine, constantly revolutionizing our lives by giving us more for less. Yet instead of embracing this progress, misguided policymakers attempt economic surgery with rusty tools, amputating our ability to innovate and prosper.
Deflation Vs Inflation: A Tale Of Two Economies
Technology is incredibly deflationary. We should be getting more for less, year after year. In many sectors, we do — just look at how much computing power you can fit in your pocket today. But flip the coin, and you’ll see a different story.