Is There a Symmetry Between Deflation and Inflation Risk?

Neils: Is a unit of deflation less dangerous, perhaps, than an equivalent amount of inflation? That's a political question. It depends on the society you're talking about. Inflation is generally, historically, because it's a flat tax, a more dangerous a delation. A deflation i, you know, i s also actually easier to control between limiting supply and managing demand. And with that, i'm going to hand it back to neils. Thank you so much, harry and jim, for a great conversation. We really look forward to exploring more of those as the series continue.

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