An inflationary world vs. a deflationary world.

“The dangers of deflation are chimerical, but its charms are very real. There is absolutely no reason to be concerned about the economic effects of deflation, unless one equates the welfare of a nation with the welfare of its false elites.” ~Dr. Jörg Guido Hülsmann

From Radio Free Market:

http://radiofreemarket.com/sites/default/files/RFM_Guido_Hulsmann_Final_092510 _0.mp3

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