Source: Cobden Centre
by Dr. Frank Shostak
“It is maintained by most experts that a general fall in prices labelled as deflation is ‘bad news’ for the economy for it postpones people’s buying of goods and services, which in turn undermines investment in plant and machinery. All this sets in motion an economic slump. Moreover, as the slump further depresses the prices of goods and services, this intensifies the pace of economic decline. … The emergence of deflation is always good news to the economy since it is in response to the liquidation of various activities that caused the erosion of the savings generation process.” (05/26/26)
https://www.cobdencentre.org/2026/05/is-deflation-bad-for-the-economy-2/