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Titanium Rain
Economics Explained
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Comments by "Titanium Rain" (@ChucksSEADnDEAD) on "China’s Crumbling Economic Story" video.
The deflection at the end is always the cherry on top, you people follow the script to a fault.
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The problem with deflation is that money will be worth more in the future, so you're losing by borrowing. With deflation, say goodbye to pay raises as companies effectively are raising you by paying you the same. Consumption goes down, tons of businesses won't handle it.
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