Is Deflation Bad for the Economy?

Tags: Booms and Busts, Central Banks, Inflation, Monetary Policy

05/19/2026 Frank Shostak

The standard line among most economists is that deflation is as bad or even worse than inflation. In reality, the economy needs deflation now more than ever.

Original article: https://mises.org/mises-wire/deflation-bad-economy

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