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Loud_Clerk_9399 t1_jdxr9l2 wrote

If we're in a massively deflationary cycle and money goes away, it's not going to matter how much you have. There will be a shorter term period of time where it will matter a lot If you believe the doomers

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GoodAndBluts t1_jdxvkew wrote

deflationary means money becomes more valuable over time- or am I confused?

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Loud_Clerk_9399 t1_jdxw505 wrote

Yeah the value of the dollar goes less so whatever you have becomes more valuable

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GoodAndBluts t1_jdy4vnw wrote

that is the opposite of deflation, but I get what you are trying to say

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Loud_Clerk_9399 t1_jdy50z6 wrote

Sorry I meant to say the value of each dollar went up. That was a this statement in my explanation. But thank you for correcting

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