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It's fascinating to see how closed minded you are and how it makes you read everything in the way that fit your preconceptions. Feel free to live with your confirmation bias, but then do not wonder why the world seems to be going backward around you ;).



Do you have a second example of deflationary collapse? I don't think the collapse of the Wiemar Republic is a great example. Maybe if we crop off 1 outlier we'll find something we can agree on.

Possibly not of course, I do suspect that the problem is bad debts and the deflation is the last straw before things go bad. There are some well established links between debt and sudden collapses and I tend to blame the debts.


> Do you have a second example of deflationary collapse?

The Great Depression.

Here is a paper that argues deflation is fine: https://www.nber.org/system/files/working_papers/w10329/w103.... It’s incredibly convoluted and unorthodox.




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