“In reality, deflation hasn’t been bad for Japanese consumers, said Nomura’s Miyairi, who studied under incoming central bank chief Ueda at the University of Tokyo. At a 100-yen store—the equivalent of a dollar store in the U.S.—you can find really nice stuff, and the quality and amount you can get improves every year, he says.“
This might be the first time I read an economics site admitting that deflation might not be the scary thing it’s so often portrayed as for whatever reason
https://www.barrons.com/articles/stocks-poised-to-rise-851020ac
@xerz isn't the issue with deflation that whoever's holding capital isn't incentivized to invest it? like it my money increases in value just by lying around somewhere why should I risk it
@noiob won’t somebody please think of the shareholders
