Nature of Deflation

  1. profile image0
    rakubaposted 7 years ago

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

    1. BaseCharity profile image55
      BaseCharityposted 7 years agoin 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