SLP153 Philipp Bagus - What Most People Get Wrong About Deflation
Stephan Livera Podcast
00:00
Causes of Deflation
In the sound money world, it might be more like your real purchasing power is actually increasing every year. That's really interesting to think about, because most of us have grown up in this inflationary world. So let's talk a little bit about some of the er causes of deflation. One reason why prices fall is that productivity increases or better goods and services are produced. It can be caused by increase ing the division of labor. And prio, thet prices fall, for price stifulation.
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