Nature of Deflation

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    rakubaposted 6 years ago

    If "inflation is always and everywhere a monetary phenomenon." (Friedman)  can we say the same about deflation?

    1. BaseCharity profile image60
      BaseCharityposted 6 years ago in reply to this

      Very interesting question. Yes, you can say the same thing, because financially everything is constantly moving up and down. So it would only make sense to say its also a naturally occuring monetary phenomenon