SLP153 Philipp Bagus - What Most People Get Wrong About Deflation
Stephan Livera Podcast
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Growth Flation vs Bank Credit Deflation
Growth flation and bank credit deflation are not the same thing, he says. Central banks don't make this distinction at all - even when inflation is close to zero. A bankrupt iflation hurts but it speeds up also the recovery process,. Yes, that's a corrective. An incr again, gross deflation is good for everyone.
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Transcript
