You might get a dip here or there but TPTB will do “ANYTHING and EVERYTHING” in their power to avoid it (for very good reasons BTW).
I’d love to here what “good” reasons those are. Not just so I can have a good chuckle, but so we can start the education cycle on piggington anew!
Josh[/quote]
Good I want to be amused as well.
So I will start with the most obvious.
Those who have long term bills or investments (like power plants, Dams, bridges, schools and pensions) cannot survive a deflationary tax base.
Also banks who write long term loans will just stop.
