Assume we are in an economy where dollars are the currency. When we have deflation, it means that the value of everything, in terms of dollars, decreases. The exception would be that the value of dollars in terms of dollars, would not decrease. In addition, purely financial assets that are valued in terms of dollars, would maintain their value, in terms of dollars.
Buy this shirt: I would do anything for you shirt
From: https://t-shirtat.com/
Comments