There’s zero reason to ever “deflate” a currency. In fact, when it’s been tried every single time it’s become catastrophic.
The new numbers are bigger than the old numbers, but as long as wages catch up sooner rather than later, they’re just a bigger number without being a detriment.
There’s zero reason to ever “deflate” a currency. In fact, when it’s been tried every single time it’s become catastrophic.
The new numbers are bigger than the old numbers, but as long as wages catch up sooner rather than later, they’re just a bigger number without being a detriment.