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The Century of Central Banking | The Snider Series | Episode 1 (WiM081)
The "What is Money?" Show
Deflation Is the Worst of All Economic Evils
deflation is essentially where there's too little money flowing through the economy, which creates an nbalance in prices. Deflation is much worse than inflation, largely s deflation is paid for in the form of widespread unemployment. Labor is what end experiencing the worst parts of deflation.
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