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TheCoelacanth
on June 10, 2021
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U.S. Consumer Prices Rose Strongly Again in May
I don't want deflation for one very obvious reason: I have a mortgage and it is much larger than the amount of cash I keep on hand.
Deflation is very bad for average consumers because most average consumers are in debt.
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Deflation is very bad for average consumers because most average consumers are in debt.