The Price of Tomorrow
Why we need deflation now
8 min readMay 29, 2020
The world is well into the age of inflation — the 50-year experiment in radical fiscal and monetary policies that have guaranteed rising prices and led to an exacerbation in inequality and indebtedness.
The response to the current crises has only led to radically greater debt loads and money printing in order to stave off the specter of deflation.