Jul 27, 2022
No, I don't, so please stop saying I do, Jim. I say deflation could be a way for banks to profit, but immediately follow up by saying I don't give two hoots about bankster profits.
There's a great book on deflation you should read called The Price of Tomorrow. People are scared of deflation, but it's certain better than robbing the poor.
That said, if I had my druthers, I'd want zero inflation and zero deflation, so no one gets robbed.