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La deflación impulsada por la productividad no redistribuye la riqueza injustamente. A diferencia del tipo impulsado por la demanda, incluso cuando no se anticipa, en realidad deja las tasas de interés reales ex post en o muy cerca de sus valores de información perfectos.
4 ago, 15:10
@alltagsprolet You could see that well in the Free Banking Era. Back then, every US bank could issue its own money. The USA experienced deflation for decades. This reduced wealth inequality. However, there MUST be some wealth inequality; otherwise, effort wouldn't be worthwhile.
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