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<blockquote data-quote="Fred&amp;#039;s Myth" data-source="post: 6021739" data-attributes="member: 55587">&quot;Deflation is the general decline in prices of goods and services, which effectively increases the value of currency. It&#039;s associated with a variety of causes, including a contraction in the availability of money, as well as increased productivity and advancements in technology. Historically, it was seen by economists as an adverse phenomenon, but a more diverse range of opinions exists today. According to the <a href="https://www.investopedia.com/terms/p/pigou-effect.asp" target="_blank">Pigou effect</a>, price deflation leads to increased employment and wealth, stabilizing the economy.&quot; <a href="https://www.investopedia.com/terms/d/deflation.asp#:~:text=Error%20Code%3A%20100013)-,What%20Is%20Deflation%3F,of%20currency%20rises%20over%20time" target="_blank">Deflation: Definition, Causes, and Changing Views on Its Impact</a>.</blockquote>

[QUOTE="Fred's Myth, post: 6021739, member: 55587"] "Deflation is the general decline in prices of goods and services, which effectively increases the value of currency. It's associated with a variety of causes, including a contraction in the availability of money, as well as increased productivity and advancements in technology. Historically, it was seen by economists as an adverse phenomenon, but a more diverse range of opinions exists today. According to the [URL='https://www.investopedia.com/terms/p/pigou-effect.asp']Pigou effect[/URL], [B]price deflation leads to increased employment and wealth, stabilizing the economy.[/B]" [URL='https://www.investopedia.com/terms/d/deflation.asp#:~:text=Error%20Code%3A%20100013)-,What%20Is%20Deflation%3F,of%20currency%20rises%20over%20time']Deflation: Definition, Causes, and Changing Views on Its Impact[/URL]. [/QUOTE]

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